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TD Securities announced Horizon North Logistics Inc. (TSE:HNL), bumping up its stock price target to $3.00 today

In a report released on 09/27/2016 TD Securities increased the stock price target of Horizon North Logistics Inc. (TSE:HNL) to $3.00 reporting a possible upside of 0.86%.

Previously on 08/16/2016, Scotia Capital reported on Horizon North Logistics Inc. (TSE:HNL) increased the target price from $0.00 to $2.75. At the time, this indicated a possible upside of 0.55%.

Just yesterday Horizon North Logistics Inc. (TSE:HNL) traded -1.23% lower at $1.61. Horizon North Logistics Inc.’s 50-day moving average is $1.78 and its 200-day moving average is $1.58. The last closing price is up 2.14% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 288,858 shares of HNL traded hands, down from an average trading volume of 329,292

Recent Performance Chart

Horizon North Logistics Inc. (TSE:HNL)

Horizon North Logistics Inc. has 52 week low of $1.06 and a 52 week high of $3.10 and has a market capitalization of $0.

In addition to TD Securities reporting its stock price target, a total of 8 brokers have issued a research note on the company. The average stock price target is $1.87 with 2 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Horizon North Logistics Inc. (TSE:HNL)

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. The Camps & Catering segment includes camp rental and catering services, as well as the manufacture, sale and repair of camps. The Matting segment includes mat rental, installation and fleet management services, as well as the manufacture and sale of mats. Horizon North provides its services in support of oil sands development, oil and gas exploration and development, mining and infrastructure projects throughout Canada's western provinces and northern territories. It also provides remote power and energy generation systems, and portable and permanent modular structures. The Company operates in Canada and the United States.

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