Husky Energy Inc. (HSE) Receives Consensus Recommendation of “Hold” from Analysts
Shares of Husky Energy Inc. (TSE:HSE) have received an average rating of “Hold” from the eleven research firms that are presently covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokerages that have covered the stock in the last year is C$18.10.
HSE has been the subject of several research reports. Royal Bank Of Canada boosted their price objective on shares of Husky Energy from C$16.00 to C$17.00 and gave the stock a “sector perform” rating in a research note on Friday, October 27th. Canaccord Genuity restated a “hold” rating and issued a C$16.50 target price on shares of Husky Energy in a research note on Thursday, October 26th. AltaCorp Capital downgraded shares of Husky Energy from an “outperform” rating to a “sector perform” rating in a research note on Monday, July 24th. J P Morgan Chase & Co upped their target price on shares of Husky Energy from C$15.00 to C$16.00 in a research note on Thursday, September 14th. Finally, Barclays PLC upped their target price on shares of Husky Energy from C$16.00 to C$17.00 in a research note on Tuesday, October 10th.
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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.
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