National Bank Financial Boosts Horizon North Logistics Inc. (HNL) Price Target to C$2.40
Horizon North Logistics Inc. (TSE:HNL) had its target price boosted by investment analysts at National Bank Financial from C$2.20 to C$2.40 in a research report issued to clients and investors on Thursday. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s price objective suggests a potential upside of 57.89% from the stock’s previous close.
A number of other brokerages also recently issued reports on HNL. Beacon Securities reaffirmed a “buy” rating on shares of Horizon North Logistics in a research report on Wednesday, September 13th. Raymond James Financial, Inc. boosted their target price on shares of Horizon North Logistics from C$1.75 to C$2.00 in a research report on Thursday, August 17th. One investment analyst has rated the stock with a sell rating, three have issued a buy rating and one has given a strong buy rating to the company. Horizon North Logistics currently has an average rating of “Buy” and a consensus price target of C$2.29.
Shares of Horizon North Logistics (HNL) traded up 3.29% during trading on Thursday, hitting $1.57. 736,184 shares of the company traded hands. Horizon North Logistics has a 52 week low of $1.16 and a 52 week high of $2.35. The company’s market capitalization is $227.10 million. The company has a 50 day moving average price of $1.34 and a 200 day moving average price of $1.44.
TRADEMARK VIOLATION NOTICE: This story was first posted by Watch List News and is the property of of Watch List News. If you are accessing this story on another website, it was illegally stolen and republished in violation of United States and international trademark and copyright law. The legal version of this story can be accessed at https://www.watchlistnews.com/national-bank-financial-boosts-horizon-north-logistics-inc-hnl-price-target-to-c2-40/1610541.html.
Horizon North Logistics Company Profile
Horizon North Logistics Inc (Horizon North) is a Canada-based is a remote resource development service company. The Company provides workforce accommodation solutions, camp management and catering services, and road and access matting solutions. The Company’s segments include Camps & Catering, Matting and Corporate.
Receive News & Ratings for Horizon North Logistics Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Horizon North Logistics Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.