Published On: Sat, Apr 22nd, 2017

Horizon Global Corporation (NYSE:HZN) Updated Broker Ratings


A number of investment brokers have recently updated their price targets on shares of Horizon Global Corporation (NYSE:HZN).

Most recent broker ratings

04/12/2017 – BMO Capital Markets began new coverage on Horizon Global Corporation giving the company a “outperform” rating. They now have a USD 18 price target on the stock.

03/14/2017 – Bank of America Merrill Lynch began new coverage on Horizon Global Corporation giving the company a “neutral” rating. They now have a USD 18 price target on the stock.

03/13/2017 – Horizon Global Corporation had its “outperform” rating reiterated by analysts at Barrington Research. They now have a USD 22 price target on the stock.

03/13/2017 – Horizon Global Corporation was downgraded to “neutral” by analysts at Seaport Global Securities. They now have a USD 16 price target on the stock.

02/21/2017 – Wells Fargo began new coverage on Horizon Global Corporation giving the company a “market perform” rating.

09/20/2016 – CJS Securities began new coverage on Horizon Global Corporation giving the company a “market outperform” rating. They now have a USD 23 price target on the stock.

12/18/2015 – Roth Capital began new coverage on Horizon Global Corporation giving the company a “buy” rating. They now have a USD 13 price target on the stock.

08/05/2015 – Horizon Global Corporation was downgraded to “accumulate” by analysts at Global Hunter Securities. They now have a USD 15 price target on the stock.

The share price of Horizon Global Corporation (NYSE:HZN) was down -0.45% during the last day of trading, with a day high of 13.30. 411958 shares were traded during the last session.

The stock’s 50 day moving average is 13.84 and its 200 day moving average is 19.66. The stock’s market capitalization is 336.31M. Horizon Global Corporation has a 52-week low of 10.60 and a 52-week high of 26.36.

Horizon Global Corporation is a designer, manufacturer and distributor of a range of custom-engineered towing, trailering, cargo management and other products serving the automotive aftermarket, retail and original equipment (OE) channels. The Company operates through three segments: Horizon Americas, Horizon Asia-Pacific, and Horizon Europe-Africa. Its towing product category includes devices and accessories installed on a tow-vehicle for the purpose of attaching a trailer and camper, among others, such as hitches and other towing accessories. Its trailering product category includes control devices and components of the trailer itself, such as brake controls and brake replacement parts. Its cargo management product category includes a range of products used to facilitate the transportation of various forms of cargo, to secure that cargo or to organize items. Its other product category includes a range of items, such as tubular push bars, side steps, and commercial brooms and brushes.