Husky Energy Inc. (TSE:HSE) Price Target Cut to C$17.00 by Analysts at TD Securities
Husky Energy Inc. (TSE:HSE) had its price target trimmed by TD Securities from C$18.00 to C$17.00 in a research note issued to investors on Monday, July 24th. The firm currently has a hold rating on the stock.
A number of other equities analysts have also recently weighed in on the company. Scotiabank boosted their price target on Husky Energy from C$17.00 to C$19.00 and gave the stock a sector perform rating in a report on Wednesday, May 31st. Royal Bank Of Canada reissued a sector perform rating and issued a C$18.00 price target on shares of Husky Energy in a report on Tuesday, May 23rd. Finally, CIBC lowered their price objective on Husky Energy from C$19.00 to C$17.50 in a research report on Thursday, July 20th. Six research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of C$18.64.
Shares of Husky Energy (HSE) traded down 0.07% during mid-day trading on Monday, reaching $14.37. The company’s stock had a trading volume of 505,901 shares. Husky Energy has a 1-year low of $13.39 and a 1-year high of $17.42. The company’s 50-day moving average is $14.37 and its 200 day moving average is $15.42. The firm has a market capitalization of $14.45 billion and a P/E ratio of 9.54.
About Husky Energy
Husky Energy Inc, together with its subsidiaries, operates as an integrated energy company. It operates through two segments, Upstream and Downstream. The Upstream segment engages in the exploration for, and development and production of crude oil, bitumen, natural gas, and natural gas liquids; marketing of the companys and other producers crude oil, natural gas, natural gas liquids, sulphur, and petroleum coke; pipeline transportation and blending of crude oil and natural gas; and storage of crude oil, diluent, and natural gas.
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