Horizon North Logistics (HNL) Downgraded to “Market Perform” at Raymond James Financial

Horizon North Logistics (TSE:HNL) was downgraded by research analysts at Raymond James Financial from an “outperform” rating to a “market perform” rating in a report released on Tuesday. They currently have a C$1.60 price objective on the stock, down from their previous price objective of C$2.15. Raymond James Financial’s price objective would suggest a potential upside of 3.23% from the company’s current price.

HNL has been the subject of a number of other research reports. National Bank Financial dropped their price objective on Horizon North Logistics from C$2.40 to C$1.90 and set an “outperform” rating for the company in a research note on Monday, December 11th. Beacon Securities reaffirmed a “buy” rating on shares of Horizon North Logistics in a research note on Wednesday, September 13th. Finally, Scotiabank set a C$1.50 price objective on Horizon North Logistics and gave the stock an “underperform” rating in a research note on Tuesday.

Shares of Horizon North Logistics (TSE:HNL) opened at C$1.55 on Tuesday. The company has a market capitalization of $224.25, a PE 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.

TRADEMARK VIOLATION WARNING: “Horizon North Logistics (HNL) Downgraded to “Market Perform” at Raymond James Financial” was originally reported by Community Financial News and is the property of of Community Financial News. If you are reading this news story on another site, it was illegally stolen and republished in violation of United States and international trademark and copyright legislation. The original version of this news story can be read at https://www.com-unik.info/2018/01/11/horizon-north-logistics-hnl-downgraded-to-market-perform-at-raymond-james-financial.html.

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.

What are top analysts saying about Horizon North Logistics? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Horizon North Logistics and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit