Horizon North Logistics Inc. (TSE:HNL) – Investment analysts at National Bank Financial upped their FY2018 earnings estimates for shares of Horizon North Logistics in a research note issued on Thursday. National Bank Financial analyst G. Colman now anticipates that the company will post earnings of $0.04 per share for the year, up from their prior estimate of $0.03. National Bank Financial currently has a “Outperform” rating and a $2.40 target price on the stock.
A number of other equities research analysts have also issued reports on HNL. Raymond James Financial, Inc. upped their price objective on shares of Horizon North Logistics from C$2.00 to C$2.15 and gave the company an “outperform” rating in a report on Friday. 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 issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of C$2.33.
The business also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Saturday, September 30th will be given a $0.02 dividend. The ex-dividend date is Thursday, September 28th. This represents a $0.08 dividend on an annualized basis and a yield of 4.82%.
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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