High Liner Foods (TSE:HLF) Downgraded by Raymond James Financial to “Hold”

Raymond James Financial cut shares of High Liner Foods (TSE:HLF) from a moderate buy rating to a hold rating in a research report sent to investors on Friday morning, Marketbeat Ratings reports. Raymond James Financial currently has C$16.00 price objective on the stock, down from their previous price objective of C$22.00. Raymond James Financial also issued estimates for High Liner Foods’ Q1 2026 earnings at $0.62 EPS, Q2 2026 earnings at $0.45 EPS, Q4 2026 earnings at $0.41 EPS, Q1 2027 earnings at $0.70 EPS and Q2 2027 earnings at $0.49 EPS.

A number of other brokerages have also recently weighed in on HLF. Royal Bank Of Canada set a C$20.00 price target on High Liner Foods and gave the stock a “sector perform” rating in a research note on Thursday, September 18th. BMO Capital Markets raised shares of High Liner Foods from a “hold” rating to an “outperform” rating and set a C$20.50 target price on the stock in a research report on Thursday, September 18th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, High Liner Foods currently has a consensus rating of “Moderate Buy” and a consensus price target of C$19.38.

High Liner Foods Price Performance

TSE HLF traded down C$0.16 on Friday, reaching C$14.30. The company’s stock had a trading volume of 88,542 shares, compared to its average volume of 25,855. High Liner Foods has a twelve month low of C$13.20 and a twelve month high of C$19.07. The company has a debt-to-equity ratio of 55.83, a quick ratio of 0.38 and a current ratio of 2.66. The firm’s 50 day moving average is C$16.42 and its two-hundred day moving average is C$17.12. The stock has a market cap of C$412.05 million, a PE ratio of 8.94 and a beta of 0.73.

High Liner Foods Company Profile

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.