Husky Energy Inc (HUSKF) Given Overweight Rating at Barclays PLC
Husky Energy Inc (OTCMKTS:HUSKF)‘s stock had its “overweight” rating reiterated by investment analysts at Barclays PLC in a research report issued on Monday. They currently have a $23.00 target price on the stock. Barclays PLC’s price objective points to a potential upside of 87.60% from the company’s current price.
Several other brokerages have also recently issued reports on HUSKF. JPMorgan Chase & Co. initiated coverage on Husky Energy in a report on Thursday, August 25th. They issued a “neutral” rating for the company. Goldman Sachs Group Inc. restated a “neutral” rating and issued a $17.00 target price (up from $16.00) on shares of Husky Energy in a report on Thursday, August 4th. Desjardins upgraded Husky Energy from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a report on Wednesday, June 29th. Citigroup Inc. upgraded Husky Energy from a “neutral” rating to a “buy” rating in a report on Thursday, June 23rd. Finally, TD Securities restated a “buy” rating and issued a $21.00 target price (up from $20.00) on shares of Husky Energy in a report on Tuesday, July 26th. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $20.36.
Shares of Husky Energy (OTCMKTS:HUSKF) traded down 3.31% during trading on Monday, hitting $12.26. The stock had a trading volume of 338 shares. Husky Energy has a 12 month low of $7.91 and a 12 month high of $17.89. The company’s 50 day moving average price is $12.31 and its 200 day moving average price is $12.18. The stock’s market cap is $12.33 billion.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/10/husky-energy-inc-huskf-given-overweight-rating-at-barclays-plc.html
About Husky Energy
Husky Energy Inc is an integrated energy company. The Company’s 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.
Receive News & Ratings for Husky Energy Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Husky Energy Inc and related companies with MarketBeat.com's FREE daily email newsletter.