GMP Securities Raises Husky Energy (HSE) Price Target to C$22.00

Husky Energy (TSE:HSE) had its target price boosted by equities researchers at GMP Securities from C$20.50 to C$22.00 in a report issued on Monday. GMP Securities’ price target indicates a potential upside of 19.37% from the company’s current price.

HSE has been the topic of several other reports. Scotiabank raised Husky Energy from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from C$17.00 to C$18.00 in a report on Thursday, December 14th. Canaccord Genuity reissued a “hold” rating and issued a C$16.50 target price on shares of Husky Energy in a report on Thursday, October 26th. Goldman Sachs Group raised Husky Energy from a “sell” rating to a “neutral” rating in a report on Thursday, December 14th. Raymond James Financial boosted their target price on Husky Energy from C$18.00 to C$19.00 and gave the stock a “market perform” rating in a report on Monday. Finally, Royal Bank of Canada boosted their target price on Husky Energy from C$16.00 to C$17.00 and gave the stock a “sector perform” rating in a report on Friday, October 27th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of C$17.91.

Shares of Husky Energy (HSE) traded up C$0.08 on Monday, hitting C$18.43. The stock had a trading volume of 909,237 shares, compared to its average volume of 1,189,388. The firm has a market cap of $18,500.00, a P/E ratio of 70.85 and a beta of 0.36. Husky Energy has a fifty-two week low of C$13.39 and a fifty-two week high of C$19.24.

Husky Energy (TSE:HSE) last announced its earnings results on Thursday, October 26th. The company reported C$0.14 EPS for the quarter, topping the consensus estimate of C$0.04 by C$0.10. Husky Energy had a return on equity of 3.09% and a net margin of 2.93%.

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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.

Analyst Recommendations for Husky Energy (TSE:HSE)

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