High Liner Foods (TSE:HLF) Given a C$21.00 Price Target by Canaccord Genuity Group Analysts

High Liner Foods (TSE:HLF) has been given a C$21.00 price target by equities research analysts at Canaccord Genuity Group in a note issued to investors on Tuesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 20.00% from the company’s previous close.

High Liner Foods Stock Up 3.4%

Shares of TSE HLF opened at C$17.50 on Tuesday. The firm has a market cap of C$366.78 million, a price-to-earnings ratio of 6.21 and a beta of 0.89. The company’s 50-day simple moving average is C$16.68 and its 200-day simple moving average is C$15.78. The company has a quick ratio of 0.38, a current ratio of 2.66 and a debt-to-equity ratio of 55.83. High Liner Foods has a 52-week low of C$12.25 and a 52-week high of C$17.79.

Insider Activity at High Liner Foods

In other High Liner Foods news, insider High Liner Foods Incorporated sold 184,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of C$17.02, for a total value of C$3,140,190.00. 44.28% of the stock is owned by corporate insiders.

About High Liner Foods

High Liner Foods is the leading North American processor and marketer of value-added frozen seafood. Their retail branded products are sold throughout the United States, Canada and Mexico under the High Liner, Fisher Boy, Sea Cuisine and C. Wirthy & Co labels, and are available in most grocery and club stores.