Horizon North Logistics (HNL) PT Raised to C$2.40

Horizon North Logistics (TSE:HNL) had its target price raised by equities researchers at National Bank Financial from C$1.90 to C$2.40 in a research report issued on Wednesday. The firm presently has an “outperform” rating on the stock. National Bank Financial’s target price would indicate a potential upside of 27.66% from the company’s previous close.

A number of other equities research analysts also recently commented on HNL. Raymond James Financial downgraded Horizon North Logistics from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from C$2.15 to C$1.60 in a report on Tuesday, January 9th. Scotiabank set a C$1.50 target price on Horizon North Logistics and gave the stock an “underperform” rating in a report on Tuesday, January 9th.

Shares of Horizon North Logistics (TSE:HNL) traded up C$0.02 during mid-day trading on Wednesday, hitting C$1.88. The stock had a trading volume of 297,394 shares, compared to its average volume of 291,047. Horizon North Logistics has a 1-year low of C$1.16 and a 1-year high of C$1.92. The stock has a market capitalization of $273.24, a price-to-earnings ratio of -23.50 and a beta of 1.31.

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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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