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Blue Star Foods (BSFC) Initiated with a Buy at EF Hutton

In a report released today, Michael Albanese from EF Hutton initiated coverage with a Buy rating on Blue Star Foods (BSFCResearch Report) and a price target of $2.50. The company’s shares closed last Friday at $1.22.

According to TipRanks, Albanese is ranked #4812 out of 7973 analysts.

The analyst consensus on Blue Star Foods is currently a Hold rating.

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The company has a one-year high of $7.89 and a one-year low of $1.04. Currently, Blue Star Foods has an average volume of 20.36K.

Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is neutral on the stock.

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Blue Star Foods Corp is an international seafood company. It imports, packages, and sells refrigerated pasteurized crab meat, and other premium seafood products. The company derives revenue from importing blue and red swimming crab meat primarily from Indonesia, Philippines and China and distributing it in the United States and Canada under several premium brand names such as Blue Star, Oceanica, Pacifika, Crab & Go, First Choice, Good Stuff and Coastal Pride Fresh.

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