Husky Energy (HUSKF) Stock Rating Lowered by Morgan Stanley

Husky Energy (OTCMKTS:HUSKF) was downgraded by analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating in a research report issued on Wednesday, Marketbeat Ratings reports.

A number of other equities research analysts have also recently weighed in on HUSKF. UBS Group raised shares of Husky Energy from a “market perform” rating to an “outperform” rating in a research report on Thursday, December 14th. Credit Suisse Group raised shares of Husky Energy from a “neutral” rating to an “outperform” rating in a report on Thursday, December 14th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $19.00.

Shares of Husky Energy (HUSKF) traded up $0.14 during mid-day trading on Wednesday, hitting $14.92. 28,969 shares of the company were exchanged, compared to its average volume of 19,650. The firm has a market capitalization of $15,000.00, a P/E ratio of 71.05 and a beta of 0.69. Husky Energy has a 12-month low of $10.38 and a 12-month high of $15.73.

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About Husky Energy

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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