Husky Energy Inc. (TSE:HSE) had its price objective increased by analysts at Royal Bank Of Canada from C$16.00 to C$17.00 in a report released on Friday. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 3.09% from the stock’s current price.

A number of other analysts also recently issued reports on the stock. CIBC reduced 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 downgraded shares of Husky Energy from a “buy” rating to a “hold” rating and reduced their price target for the company from C$19.00 to C$18.00 in a report on Friday, June 30th. Barclays PLC lifted their price target on shares of Husky Energy from C$16.00 to C$17.00 in a report on Tuesday, October 10th. JPMorgan Chase & Co. lifted their price target on shares of Husky Energy from C$15.00 to C$16.00 in a report on Thursday, September 14th. Finally, AltaCorp Capital downgraded shares of Husky Energy from an “outperform” rating to a “sector perform” rating in a report on Monday, July 24th. Seven investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of C$18.10.

Shares of Husky Energy (HSE) traded up 2.49% on Friday, reaching $16.49. 1,311,414 shares of the company traded hands. The firm has a market capitalization of $16.58 billion and a P/E ratio of 10.95. Husky Energy has a 1-year low of $13.39 and a 1-year high of $17.42. The stock has a 50-day moving average price of $15.38 and a 200 day moving average price of $15.22.

COPYRIGHT VIOLATION WARNING: This piece was reported by American Banking News and is owned by of American Banking News. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of U.S. and international copyright & trademark laws. The legal version of this piece can be read at

Husky Energy Company Profile

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 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's FREE daily email newsletter.