Husky Energy Inc. (HSE) Receives C$17.86 Average Target Price from Analysts

Shares of Husky Energy Inc. (TSE:HSE) have earned a consensus rating of “Hold” from the thirteen brokerages that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is C$17.59.

HSE has been the subject of a number of research reports. Scotiabank upgraded Husky Energy from a “sector perform” rating to an “outperform” rating and increased their price target for the company from C$17.00 to C$18.00 in a research note on Thursday, December 14th. Canaccord Genuity reiterated a “hold” rating and issued a C$16.50 price target on shares of Husky Energy in a research note on Thursday, October 26th. Goldman Sachs Group upgraded Husky Energy from a “sell” rating to a “neutral” rating in a research note on Thursday, December 14th. GMP Securities increased their price target on Husky Energy from C$19.50 to C$20.50 in a research note on Tuesday, December 5th. Finally, Royal Bank of Canada increased their price target on Husky Energy from C$16.00 to C$17.00 and gave the company a “sector perform” rating in a research note on Friday, October 27th.

In related news, Director Nancy Fay Foster sold 2,116 shares of the stock in a transaction on Monday, October 30th. The stock was sold at an average price of C$16.53, for a total value of C$34,977.48.

Husky Energy (TSE HSE) traded up C$0.14 during midday trading on Tuesday, reaching C$17.91. The company’s stock had a trading volume of 2,597,000 shares, compared to its average volume of 1,060,000. Husky Energy has a 12-month low of C$13.39 and a 12-month high of C$19.24. The company has a market capitalization of $18,000.00, a PE ratio of 68.88 and a beta of 0.36.

Husky Energy (TSE:HSE) last released its earnings results on Thursday, October 26th. The company reported C$0.14 earnings per share for the quarter, topping the consensus estimate of C$0.04 by C$0.10. Husky Energy had a return on equity of 3.09% and a net margin of 2.93%.

ILLEGAL ACTIVITY NOTICE: “Husky Energy Inc. (HSE) Receives C$17.86 Average Target Price from Analysts” was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this news story on another website, it was illegally stolen and republished in violation of US & international trademark & copyright laws. The legal version of this news story can be accessed at https://ledgergazette.com/2018/01/22/husky-energy-inc-hse-receives-c17-86-average-target-price-from-analysts.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)

Receive News & Ratings for Husky Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Husky Energy and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply