National Bank Financial Downgrades HNZ Group Inc (HNZ) to Tender
HNZ Group Inc (TSE:HNZ) was downgraded by research analysts at National Bank Financial from an “outperform” rating to a “tender” rating in a research note issued on Wednesday. They presently have a C$18.70 price objective on the stock, up from their prior price objective of C$18.00. National Bank Financial’s price objective would indicate a potential upside of 0.81% from the stock’s current price.
Several other brokerages also recently weighed in on HNZ. Desjardins upped their target price on HNZ Group from C$16.00 to C$18.70 in a research report on Wednesday. Royal Bank Of Canada increased their price target on HNZ Group from C$14.00 to C$18.70 and gave the company a “sector perform” rating in a report on Wednesday. Finally, TD Securities increased their price target on HNZ Group from C$14.50 to C$15.00 and gave the company a “hold” rating in a report on Thursday, July 6th.
HNZ Group (HNZ) traded up 0.05% during midday trading on Wednesday, reaching $18.56. The company’s stock had a trading volume of 33,147 shares. The company has a 50 day moving average of $12.88 and a 200-day moving average of $13.47. The company’s market capitalization is $240.54 million. HNZ Group has a 1-year low of $10.03 and a 1-year high of $18.60.
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HNZ Group Company Profile
HNZ Group Inc provides helicopter transportation and related support services in Canada, Australia, New Zealand, Antarctica, the United States, Norway, and Southeast Asia. The company operates through four segments: Offshore Helicopter Transportation, Onshore Helicopter Transportation, Helicopter Repair and Maintenance, and All Other.
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