Husky Energy Inc. (TSE:HSE) Given Consensus Recommendation of “Buy” by Brokerages
Shares of Husky Energy Inc. (TSE:HSE) have been given an average rating of “Buy” by the thirteen ratings firms that are currently covering the firm. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $19.29.
A number of equities analysts have recently weighed in on the stock. Barclays PLC boosted their price objective on shares of Husky Energy from C$22.00 to C$23.00 and gave the company an “overweight” rating in a research report on Thursday, August 4th. Scotiabank reissued a “sector perform” rating and issued a C$18.00 price objective on shares of Husky Energy in a research report on Monday, July 25th. Desjardins raised shares of Husky Energy from a “hold” rating to a “buy” rating and set a C$21.00 price objective for the company in a research report on Tuesday, June 28th. Morgan Stanley boosted their price objective on shares of Husky Energy from C$20.00 to C$22.00 in a research report on Monday, June 13th. Finally, Goldman Sachs Group Inc. boosted their price objective on shares of Husky Energy from C$16.00 to C$17.00 and gave the company a “neutral” rating in a research report on Thursday, August 4th.
Husky Energy (TSE:HSE) traded up 4.35% during midday trading on Wednesday, reaching $16.79. 790,017 shares of the company’s stock were exchanged. The firm’s market capitalization is $16.88 billion. The stock’s 50 day moving average is $16.14 and its 200 day moving average is $15.82. Husky Energy has a 52 week low of $11.34 and a 52 week high of $23.01.
Husky Energy Company Profile
Husky Energy Inc is an integrated energy company. The Company’s 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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