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A statement released earlier today by Zacks Investment Research about Horizon Global Corp (NYSE:HZN) bumps the target price to $23.00

Zacks Investment Research raised the target price of Horizon Global Corp (NYSE:HZN) to $23.00 stating a potential upside of 0.09%.

Just yesterday Horizon Global Corp (NYSE:HZN) traded -0.62% lower at $21.04. Horizon Global Corp’s 50-day moving average is $19.04 and its 200-day moving average is $14.06. The last stock price is up 48.77% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 159,405 shares of HZN traded hands, down from an average trading volume of 180,357

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Horizon Global Corp (NYSE:HZN)

Horizon Global Corp has 52 week low of $8.04 and a 52 week high of $22.12 with a PE ratio of 26.81 and has a market capitalization of $0.

Brief Synopsis On Horizon Global Corp (NYSE:HZN)

Horizon Global Corporation is a designer, manufacturer and distributor of a range of custom-engineered towing, trailering, cargo management and other related accessory products serving the automotive aftermarket, retail and original equipment (OE) channels. The Company operates through two segments: Cequent Americas and Cequent APEA. The Cequent Americas segment consists of two operating segments: Cequent Performance Products (CPP), a manufacturer of aftermarket and original equipment manufacturer (OEM) towing and trailering products and accessories, and Cequent Consumer Products (CCP), a provider of towing, trailering, vehicle protection and cargo management solutions serving the end user through retailers. The Cequent Americas segment has operates in North America, and its towing and trailering-related products are sold through retail, aftermarket and OE channels. The Cequent APEA segment focuses its sales and manufacturing efforts outside of the Americas, operating in Australia.

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