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.

COPYRIGHT VIOLATION NOTICE: “Clearwater Seafoods Inc (CLR) Price Target Cut to C$13.50 by Analysts at Scotiabank” was reported by American Banking News and is owned by of American Banking News. If you are reading this news story on another domain, it was copied illegally and republished in violation of U.S. & international copyright & trademark law. The original version of this news story can be read at https://www.americanbankingnews.com/2017/09/08/clearwater-seafoods-inc-clr-price-target-cut-to-c13-50-by-analysts-at-scotiabank.html.

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.

Receive News & Ratings for Clearwater Seafoods Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clearwater Seafoods Inc and related companies with MarketBeat.com's FREE daily email newsletter.