Husky Energy (HSE) Earns Market Perform Rating from BMO Capital Markets
Husky Energy (TSE:HSE)‘s stock had its “market perform” rating restated by equities researchers at BMO Capital Markets in a report issued on Tuesday. They presently have a C$17.00 target price on the stock. BMO Capital Markets’ price objective would indicate a potential upside of 10.32% from the stock’s previous close.
Other equities research analysts have also issued reports about the stock. GMP Securities upped their price target on shares of Husky Energy from C$19.50 to C$20.50 in a report on Tuesday. Royal Bank Of Canada increased their target price 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 reissued a “hold” rating and set a C$16.50 target price on shares of Husky Energy in a research note on Thursday, October 26th. Barclays increased their target price on shares of Husky Energy from C$16.00 to C$17.00 in a research note on Tuesday, October 10th. Finally, J P Morgan Chase & Co increased their target price on shares of Husky Energy from C$15.00 to C$16.00 in a research note on Thursday, September 14th. Eight equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of C$17.77.
Husky Energy (TSE:HSE) traded down C$0.22 during trading hours on Tuesday, reaching C$15.41. 1,048,280 shares of the company’s stock traded hands, compared to its average volume of 1,021,699. Husky Energy has a one year low of C$13.39 and a one year high of C$17.42.
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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