Husky Energy (TSE:HSE) had its price objective lifted by research analysts at GMP Securities from C$20.50 to C$22.00 in a research report issued to clients and investors on Monday. GMP Securities’ price target would suggest a potential upside of 24.36% from the stock’s current price.
Other equities research analysts also recently issued research reports about the stock. Barclays lifted their price target on shares of Husky Energy from C$16.00 to C$17.00 in a research note on Tuesday, October 10th. Canaccord Genuity reaffirmed a “hold” rating and set a C$16.50 price target on shares of Husky Energy in a research note on Thursday, October 26th. Royal Bank of Canada reaffirmed a “hold” rating and set a C$16.00 price target on shares of Husky Energy in a research note on Monday, October 16th. Raymond James Financial downgraded shares of Husky Energy from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from C$19.00 to C$18.00 in a research note on Thursday, January 18th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a C$17.00 price target on shares of Husky Energy in a research note on Tuesday, December 5th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of C$17.91.
Shares of Husky Energy (TSE HSE) opened at C$17.69 on Monday. Husky Energy has a one year low of C$13.39 and a one year high of C$19.24. The stock has a market cap of $17,780.00, a price-to-earnings ratio of 68.04 and a beta of 0.36.
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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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