Raymond James Initiates a Buy Rating on High Liner Foods (HLF)
In a report released today, Michael Glen from Raymond James initiated coverage with a Buy rating on High Liner Foods (HLF – Research Report) and a price target of C$22.00. The company's shares closed today at C$18.29.
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Glen covers the Consumer Cyclical sector, focusing on stocks such as Aritzia, Martinrea International, and MTY Food Group. According to TipRanks, Glen has an average return of 11.6% and a 58.02% success rate on recommended stocks.
In addition to Raymond James, High Liner Foods also received a Buy from Canaccord Genuity's Luke Hannan in a report issued on June 9. However, on June 6, RBC Capital maintained a Hold rating on High Liner Foods (TSX: HLF).
The company has a one-year high of C$19.07 and a one-year low of C$12.25. Currently, High Liner Foods has an average volume of 24.99K.
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