Share on StockTwits

Husky Energy (TSE:HSE) was downgraded by analysts at Bank of America from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Tuesday.

Other equities research analysts have also recently issued reports about the stock. Analysts at FirstEnergy Capital raised their price target on shares of Husky Energy from C$34.00 to C$35.00 in a research note on Monday, May 12th. They now have a “market perform” rating on the stock. Separately, analysts at BMO Capital Markets raised their price target on shares of Husky Energy from C$36.00 to C$39.00 in a research note on Thursday, May 8th. They now have a “market perform” rating on the stock. Finally, analysts at TD Securities raised their price target on shares of Husky Energy from C$36.00 to C$37.00 in a research note on Thursday, May 8th. They now have a “hold” rating on the stock. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Husky Energy presently has a consensus rating of “Hold” and an average target price of C$39.07.

Shares of Husky Energy (TSE:HSE) traded up 0.19% during mid-day trading on Tuesday, hitting $36.08. 320,285 shares of the company’s stock traded hands. Husky Energy has a 1-year low of $26.97 and a 1-year high of $37.31. The stock has a 50-day moving average of $35.36 and a 200-day moving average of $33.01. The company has a market cap of $35.485 billion and a P/E ratio of 18.19.

Husky Energy (TSE:HSE) last announced its earnings results on Thursday, May 8th. The company reported $0.72 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.58 by $0.14. Analysts expect that Husky Energy will post $2.80 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, July 2nd. Stockholders of record on Thursday, June 5th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.33%.

Husky Energy Inc (TSE:HSE) is an international integrated energy company.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.