11 hours ago
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.
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
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.
