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.

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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.

Analyst Recommendations for Horizon North Logistics (TSE:HNL)

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