Husky Energy’s (HUSKF) Overweight Rating Reiterated at Barclays PLC
Husky Energy Inc (OTCMKTS:HUSKF)‘s stock had its “overweight” rating reissued by stock analysts at Barclays PLC in a research note issued on Monday. They currently have a $23.00 price target on the stock. Barclays PLC’s price target indicates a potential upside of 87.60% from the company’s current price.
A number of other research analysts have also issued reports on HUSKF. Citigroup Inc. upgraded shares of Husky Energy from a “neutral” rating to a “buy” rating in a research note on Thursday, June 23rd. Desjardins upgraded shares of Husky Energy from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research note on Wednesday, June 29th. Scotiabank reiterated a “sector perform” rating and set a $18.00 price target on shares of Husky Energy in a research note on Tuesday, July 26th. TD Securities reiterated a “buy” rating and set a $21.00 price target (up from $20.00) on shares of Husky Energy in a research note on Tuesday, July 26th. Finally, Goldman Sachs Group Inc. reiterated a “neutral” rating and set a $17.00 price target (up from $16.00) on shares of Husky Energy in a research note on Thursday, August 4th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Husky Energy presently has a consensus rating of “Buy” and a consensus target price of $20.36.
Husky Energy (OTCMKTS:HUSKF) traded down 3.31% on Monday, reaching $12.26. 338 shares of the company’s stock were exchanged. The company’s market cap is $12.33 billion. Husky Energy has a 12-month low of $7.91 and a 12-month high of $17.89. The firm has a 50 day moving average of $12.31 and a 200-day moving average of $12.18.
About Husky Energy
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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