Clearwater Seafoods Inc (CLR) Price Target Cut to C$13.50 by Analysts at Scotiabank
Clearwater Seafoods Inc (TSE:CLR) had its target price lowered by stock analysts at Scotiabank from C$14.00 to C$13.50 in a note issued to investors on Friday. The brokerage presently has an “outperform” rating on the stock. Scotiabank’s price target suggests a potential upside of 26.88% from the stock’s current price.
Clearwater Seafoods (CLR) traded down 2.54% during mid-day trading on Friday, reaching $10.37. The company had a trading volume of 70,110 shares. Clearwater Seafoods has a 12-month low of $9.85 and a 12-month high of $14.55. The stock has a market capitalization of $663.00 million and a P/E ratio of 21.47. The stock has a 50 day moving average price of $10.74 and a 200-day moving average price of $10.86.
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In other Clearwater Seafoods news, insider Teresa Fortney bought 10,000 shares of the firm’s stock in a transaction on Monday, August 21st. The shares were acquired at an average cost of C$10.75 per share, for a total transaction of C$107,500.00. Also, Director Jane Craighead bought 4,600 shares of the firm’s stock in a transaction on Tuesday, August 22nd. The stock was acquired at an average price of C$10.55 per share, for a total transaction of C$48,530.00.
Clearwater Seafoods Company Profile
Clearwater Seafoods Incorporated is a seafood company. The Company is engaged in the ownership and operation of assets and property in connection with the harvesting, processing, distribution and marketing of seafood. The Company’s segment includes integrated operations for harvesting, processing and distribution of seafood products.
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