Horizon North Logistics (HNL) Given a C$1.50 Price Target by Scotiabank Analysts

Horizon North Logistics (TSE:HNL) has been assigned a C$1.50 price target by research analysts at Scotiabank in a research report issued on Tuesday. The firm currently has an “underperform” rating on the stock. Scotiabank’s target price indicates a potential downside of 3.23% from the company’s previous close.

Other equities research analysts have also issued reports about the company. Raymond James Financial lifted their price objective on Horizon North Logistics from C$2.00 to C$2.15 and gave the stock an “outperform” rating in a research report on Friday, October 6th. National Bank Financial lifted 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 report on Thursday, October 5th. Finally, Beacon Securities reiterated a “buy” rating on shares of Horizon North Logistics in a research report on Wednesday, September 13th.

Shares of Horizon North Logistics (TSE:HNL) opened at C$1.55 on Tuesday. The firm has a market capitalization of $224.25, a P/E ratio of -19.38 and a beta of 1.34. Horizon North Logistics has a 1 year low of C$1.16 and a 1 year high of C$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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