National Bank Financial Weighs in on Horizon North Logistics Inc.’s Q4 2016 Earnings (HNL)
Horizon North Logistics Inc. (TSE:HNL) – Research analysts at National Bank Financial boosted their Q4 2016 earnings estimates for Horizon North Logistics in a research report issued to clients and investors on Thursday. National Bank Financial analyst G. Colman now anticipates that the firm will earn $0.00 per share for the quarter, up from their previous estimate of ($0.01). National Bank Financial also issued estimates for Horizon North Logistics’ FY2017 earnings at $0.04 EPS.
Several other equities research analysts have also recently weighed in on the company. Raymond James Financial Inc. cut Horizon North Logistics from an “outperform” rating to a “market perform” rating in a research note on Friday, August 12th. TD Securities reissued an “action list buy” rating and issued a C$3.00 price target on shares of Horizon North Logistics in a research note on Tuesday, September 27th. Finally, Scotiabank reissued an “outperform” rating and issued a C$2.75 price target on shares of Horizon North Logistics in a research note on Monday, August 15th.
Shares of Horizon North Logistics (TSE:HNL) opened at 1.75 on Monday. The firm has a 50-day moving average price of $1.74 and a 200 day moving average price of $1.58. Horizon North Logistics has a 1-year low of $1.06 and a 1-year high of $3.10. The company’s market cap is $234.13 million.
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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