04:20:13 EDT Mon 13 May 2024
Enter Symbol
or Name
USA
CA



High Liner Foods Inc
Symbol HLF
Shares Issued 33,307,318
Close 2023-11-10 C$ 10.38
Market Cap C$ 345,729,961
Recent Sedar Documents

Globe says RBC's Khan "cautious" on High Liner Foods

2023-11-10 08:20 ET - In the News

The Globe and Mail reports in its Friday, Nov. 10, edition that RBC Capital Markets analyst Sabahat Khan has reaffirmed his "sector perform" recommendation for High Liner Foods. The Globe's David Leeder writes in the Eye On Equities column that Mr. Khan filleted his share target back by $2 to $13. Analysts on average target the shares at $15.33. Mr. Khan says in a note: "High Liner Foods Inc. reported Q3 sales and adjusted EBITDA below RBC forecasts. Looking ahead, we reiterate our cautious view on High Liner Foods' shares given the potential for the uncertain macro backdrop to continue impacting consumer spending in the company's channels." The Globe reported on Aug. 12, 2022, and Feb. 25, 2023, that Mr. Khan continued to rate High Liner Foods "sector perform." The shares could then be had for $13.96 and $14.60. The Globe reported on Oct. 17, 2023, that BMO Nesbitt Burns analyst Nevan Yochim rated High Liner Foods "market perform" in new coverage. The shares could then be had for $10.97.

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