Brokerages Set Husky Energy Inc. (HSE) Price Target at $17.86
Husky Energy Inc. (TSE:HSE) has earned a consensus recommendation of “Hold” from the thirteen ratings firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$17.59.
Several equities analysts have commented on HSE shares. Eight Capital set a C$21.00 target price on shares of Husky Energy and gave the stock a “neutral” rating in a research report on Thursday, January 11th. Royal Bank of Canada reissued a “hold” rating and set a C$16.00 target price on shares of Husky Energy in a research report on Monday, October 16th. Barclays lifted their target price on shares of Husky Energy from C$16.00 to C$17.00 in a research report on Tuesday, October 10th. GMP Securities lifted their target price on shares of Husky Energy from C$19.50 to C$20.50 in a research report on Tuesday, December 5th. Finally, Scotiabank raised shares of Husky Energy from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from C$17.00 to C$18.00 in a research report on Thursday, December 14th.
In other news, Director Nancy Fay Foster sold 2,116 shares of the firm’s stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of C$16.53, for a total transaction of C$34,977.48.
Husky Energy (TSE:HSE) last announced its quarterly earnings results on Thursday, October 26th. The company reported C$0.14 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.04 by C$0.10. Husky Energy had a net margin of 2.93% and a return on equity of 3.09%.
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Husky Energy Company Profile
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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