Raymond James Financial, Inc. Boosts Horizon North Logistics Inc. (HNL) Price Target to C$2.15
Horizon North Logistics Inc. (TSE:HNL) had its target price upped by Raymond James Financial, Inc. from C$2.00 to C$2.15 in a research note issued to investors on Friday. The brokerage currently has an outperform rating on the stock.
A number of other brokerages have also recently commented on HNL. Beacon Securities restated a buy rating on shares of Horizon North Logistics in a research note on Wednesday, September 13th. National Bank Financial boosted their price objective on Horizon North Logistics from C$2.20 to C$2.40 and gave the stock an outperform rating in a research note on Thursday. One research analyst has rated the stock with a sell rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. Horizon North Logistics has a consensus rating of Buy and a consensus target price of C$2.33.
Shares of Horizon North Logistics (HNL) opened at 1.66 on Friday. The firm has a 50-day moving average price of $1.36 and a 200-day moving average price of $1.44. Horizon North Logistics has a 52-week low of $1.16 and a 52-week high of $2.35. The firm’s market cap is $240.11 million.
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The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Saturday, September 30th will be paid a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 4.82%. The ex-dividend date is Thursday, September 28th.
About Horizon North Logistics
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.
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