High Liner Foods Gets a Hold Rating from BMO Capital

By Jason Carr

Wall Street analyst has provided a rating update for the Consumer Goods sector company today, while remaining neutral on the stock. Analyst Jonathan Lamers from BMO Capital remains neutral on High Liner Foods (TSX: HLF) and has a C$14 price target.

According to TipRanks.com, Lamers is ranked #2124 out of 4706 analysts.

Currently, the analyst consensus on High Liner Foods is Hold and the average price target is C$15, representing a 12.7% upside.

In a report issued on November 10, Scotiabank also maintained a Hold rating on the stock with a C$15 price target.

High Liner Foods’ market cap is currently C$442M and has a P/E ratio of 12.3.

High Liner Foods, Inc. operates as a North American processor and marketer of value-added frozen seafood. It process and markets frozen seafood, and distribute products to retail and foodservice customers. The company’s retail branded products are sold throughout the U.

The company’s shares closed on Tuesday at C$13.31, close to its 52-week low of C$13.12.