Husky Energy’s (HUSKF) Overweight Rating Reiterated at Barclays PLC
Husky Energy Inc (OTCMKTS:HUSKF)‘s stock had its “overweight” rating restated 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 target price suggests a potential upside of 87.60% from the stock’s current price.
A number of other analysts also recently commented on HUSKF. Scotiabank restated a “sector perform” rating and set a $18.00 price target on shares of Husky Energy in a research report on Thursday, August 4th. Goldman Sachs Group Inc. restated a “neutral” rating and set a $17.00 price target (up from $16.00) on shares of Husky Energy in a research report on Thursday, August 4th. JPMorgan Chase & Co. began coverage on shares of Husky Energy in a research report on Thursday, August 25th. They set a “neutral” rating on the stock. TD Securities restated a “buy” rating and set a $21.00 price target (up from $20.00) on shares of Husky Energy in a research report on Tuesday, July 26th. Finally, Morgan Stanley restated a “buy” rating on shares of Husky Energy in a research report on Monday, September 12th. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $20.36.
Husky Energy (OTCMKTS:HUSKF) traded down 3.31% during mid-day trading on Monday, hitting $12.26. 338 shares of the stock traded hands. The stock has a 50 day moving average price of $12.31 and a 200 day moving average price of $12.18. The firm’s market cap is $12.33 billion. Husky Energy has a 12-month low of $7.91 and a 12-month high of $17.89.
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Husky Energy Company Profile
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.
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