Barclays PLC Boosts Husky Energy Inc. (HSE) Price Target to C$17.00

Husky Energy Inc. (TSE:HSE) had its price objective lifted by equities researchers at Barclays PLC from C$16.00 to C$17.00 in a research note issued on Tuesday. Barclays PLC’s price target would suggest a potential upside of 8.83% from the company’s previous close.

A number of other equities research analysts have also weighed in on the stock. CIBC lowered their price target on shares of Husky Energy from C$19.00 to C$17.50 in a report on Thursday, July 20th. TD Securities lowered shares of Husky Energy from a “buy” rating to a “hold” rating and lowered their price target for the company from C$19.00 to C$18.00 in a report on Friday, June 30th. J P Morgan Chase & Co raised their price target on shares of Husky Energy from C$15.00 to C$16.00 in a report on Thursday, September 14th. AltaCorp Capital lowered shares of Husky Energy from an “outperform” rating to a “sector perform” rating in a report on Monday, July 24th. Finally, Canaccord Genuity raised their price target on shares of Husky Energy from C$14.50 to C$15.50 in a report on Tuesday, August 15th. Six equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of C$18.00.

Husky Energy (HSE) traded up 1.34% during trading on Tuesday, hitting $15.83. 369,753 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $14.94 and its 200 day moving average price is $15.17. Husky Energy has a 12-month low of $13.39 and a 12-month high of $17.42. The stock has a market cap of $15.92 billion and a P/E ratio of 10.51.

COPYRIGHT VIOLATION NOTICE: This story was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this story on another publication, it was copied illegally and reposted in violation of US and international copyright and trademark law. The c

A number of other equities research analysts have also weighed in on the stock. CIBC lowered their price target on shares of Husky Energy from C$19.00 to C$17.50 in a report on Thursday, July 20th. TD Securities lowered shares of Husky Energy from a “buy” rating to a “hold” rating and lowered their price target for the company from C$19.00 to C$18.00 in a report on Friday, June 30th. J P Morgan Chase & Co raised their price target on shares of Husky Energy from C$15.00 to C$16.00 in a report on Thursday, September 14th. AltaCorp Capital lowered shares of Husky Energy from an “outperform” rating to a “sector perform” rating in a report on Monday, July 24th. Finally, Canaccord Genuity raised their price target on shares of Husky Energy from C$14.50 to C$15.50 in a report on Tuesday, August 15th. Six equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of C$18.00.

Husky Energy (HSE) traded up 1.34% during trading on Tuesday, hitting $15.83. 369,753 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $14.94 and its 200 day moving average price is $15.17. Husky Energy has a 12-month low of $13.39 and a 12-month high of $17.42. The stock has a market cap of $15.92 billion and a P/E ratio of 10.51.

COPYRIGHT VIOLATION NOTICE: This story was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this story on another publication, it was copied illegally and reposted in violation of US and international copyright and trademark law. The correct version of this story can be accessed at https://ledgergazette.com/2017/10/10/barclays-plc-boosts-husky-energy-inc-hse-price-target-to-c17-00.html.

About Husky Energy

Husky Energy Inc is an integrated energy company. The Company operates through two segments. The Upstream segment includes exploration, development and production of crude oil, bitumen, natural gas and natural gas liquids, and marketing of the Company’s and other producers’ crude oil, natural gas, natural gas liquids, sulfur and petroleum coke, pipeline transportation, the blending of crude oil and natural gas, and storage of crude oil, diluent and natural gas.

Analyst Recommendations for Husky Energy (TSE:HSE)

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