Horizon North Logistics Inc. (HNL) Price Target Raised to C$2.40 at National Bank Financial
Horizon North Logistics Inc. (TSE:HNL) had its price objective upped by investment analysts at National Bank Financial from C$2.20 to C$2.40 in a research note issued on Thursday. The firm presently has an “outperform” rating on the stock. National Bank Financial’s price objective would suggest a potential upside of 57.89% from the company’s current price.
HNL has been the topic of a number of other reports. Raymond James Financial, Inc. raised their price target on shares of Horizon North Logistics from C$1.75 to C$2.00 in a research report on Thursday, August 17th. Beacon Securities reissued a “buy” rating on shares of Horizon North Logistics in a report on Wednesday, September 13th. One investment analyst has rated the stock with a sell rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of C$2.29.
Horizon North Logistics (HNL) traded up 2.63% during trading on Thursday, reaching $1.56. 736,384 shares of the company’s stock were exchanged. The firm’s market cap is $225.65 million. The stock’s 50 day moving average price is $1.34 and its 200 day moving average price is $1.44. Horizon North Logistics has a 52-week low of $1.16 and a 52-week high of $2.35.
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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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