Horizon North Logistics Inc. (HNL) Price Target Raised to C$2.15 at Raymond James Financial, Inc.
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 report issued to clients and investors on Friday. The brokerage presently has an “outperform” rating on the stock. Raymond James Financial, Inc.’s price objective points to a potential upside of 31.90% from the stock’s previous close.
A number of other research firms also recently commented on HNL. National Bank Financial boosted their target price on shares of Horizon North Logistics from C$2.20 to C$2.40 and gave the stock an “outperform” rating in a report on Thursday. Beacon Securities reiterated a “buy” rating on shares of Horizon North Logistics in a report on Wednesday, September 13th. One research analyst has rated the stock with a sell rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Horizon North Logistics currently has a consensus rating of “Buy” and a consensus price target of C$2.33.
Shares of Horizon North Logistics (TSE:HNL) traded up 1.23% on Friday, reaching $1.65. 320,433 shares of the company’s stock were exchanged. Horizon North Logistics has a 1-year low of $1.16 and a 1-year high of $2.35. The company’s market capitalization is $238.67 million. The stock’s 50-day moving average price is $1.35 and its 200-day moving average price is $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.
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