National Bank Financial Trims Horizon North Logistics (HNL) Target Price to C$3.20
Horizon North Logistics (TSE:HNL) had its price target trimmed by National Bank Financial from C$3.80 to C$3.20 in a report issued on Tuesday. The brokerage currently has an outperform rating on the stock. National Bank Financial also issued estimates for Horizon North Logistics’ FY2020 earnings at $0.12 EPS.
A number of other analysts also recently weighed in on the stock. TD Securities upped their price target on shares of Horizon North Logistics from C$3.50 to C$3.75 and gave the stock a buy rating in a report on Friday, November 2nd. Raymond James raised shares of Horizon North Logistics from an underperform rating to a market perform rating and upped their price target for the stock from C$2.00 to C$2.50 in a report on Wednesday, October 31st. Finally, AltaCorp Capital reissued an outperform rating on shares of Horizon North Logistics in a research note on Thursday, September 27th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of C$2.99.
Shares of Horizon North Logistics stock opened at C$1.69 on Tuesday. Horizon North Logistics has a 1-year low of C$1.43 and a 1-year high of C$3.27. The company has a quick ratio of 1.80, a current ratio of 2.07 and a debt-to-equity ratio of 7.38.
Horizon North Logistics Company Profile
Horizon North Logistics Inc provides industrial, commercial, and residential products and services in Canada and the United States. The company's Industrial Services division supplies workforce accommodations, camp management services, access solutions, relocatable structures, and maintenance and utilities services.
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