Husky Energy (HSE) Price Target Raised to C$19.00

Husky Energy (TSE:HSE) had its price target boosted by stock analysts at Raymond James Financial from C$18.00 to C$19.00 in a note issued to investors on Monday. The brokerage currently has a “market perform” rating on the stock. Raymond James Financial’s price objective points to a potential upside of 3.09% from the company’s current price.

A number of other analysts have also recently commented on HSE. Royal Bank of Canada upped their price objective on shares of Husky Energy from C$17.00 to C$18.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 24th. BMO Capital Markets restated a “market perform” rating and issued a C$17.00 price objective on shares of Husky Energy in a research report on Tuesday, December 5th. Eight Capital cut shares of Husky Energy from a “neutral” rating to a “sell” rating and lowered their price objective for the company from C$21.00 to C$19.00 in a research report on Thursday, January 18th. Barclays upped their price objective on shares of Husky Energy from C$16.00 to C$17.00 in a research report on Tuesday, October 10th. Finally, GMP Securities upped their price objective on shares of Husky Energy from C$19.50 to C$20.50 in a research report on Tuesday, December 5th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the stock. Husky Energy currently has an average rating of “Hold” and a consensus price target of C$17.91.

Husky Energy (TSE HSE) traded up C$0.08 on Monday, hitting C$18.43. 909,237 shares of the company were exchanged, compared to its average volume of 1,189,388. Husky Energy has a 1-year low of C$13.39 and a 1-year high of C$19.24. The company has a market cap of $18,500.00, a PE ratio of 70.85 and a beta of 0.36.

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

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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.

Analyst Recommendations for Husky Energy (TSE:HSE)

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