Husky Energy (TSE:HSE) PT Set at C$21.00 by Eight Capital

Husky Energy (TSE:HSE) has been given a C$21.00 target price by Eight Capital in a research note issued to investors on Thursday, January 11th. The brokerage presently has a “neutral” rating on the stock. Eight Capital’s target price would indicate a potential upside of 10.18% from the company’s current price.

Other equities analysts have also issued research reports about the company. GMP Securities upped their price objective on Husky Energy from C$19.50 to C$20.50 in a research note on Tuesday, December 5th. Barclays upped their price objective on Husky Energy from C$16.00 to C$17.00 in a research note on Tuesday, October 10th. JPMorgan Chase & Co. increased their price target on Husky Energy from C$15.00 to C$16.00 in a research note on Thursday, September 14th. Canaccord Genuity reissued a “hold” rating and set a C$16.50 price target on shares of Husky Energy in a research note on Thursday, October 26th. Finally, Royal Bank of Canada reissued a “hold” rating and set a C$16.00 price target on shares of Husky Energy in a research note on Monday, October 16th. One research 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. Husky Energy has a consensus rating of “Hold” and a consensus target price of C$17.79.

Husky Energy (TSE:HSE) traded up C$0.12 during trading on Thursday, reaching C$19.06. The company had a trading volume of 901,054 shares, compared to its average volume of 953,429. The stock has a market capitalization of $17,980.00, a PE ratio of 73.31 and a beta of 0.36. Husky Energy has a 12 month low of C$13.39 and a 12 month high of C$19.24.

Husky Energy (TSE:HSE) last posted its quarterly earnings data on Thursday, October 26th. The company reported C$0.14 EPS for the quarter, beating analysts’ consensus estimates 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%.

In other news, Director Nancy Fay Foster sold 2,116 shares of the stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of C$16.53, for a total value of C$34,977.48.

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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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