Husky Energy Inc. (OTCMKTS:HUSKF) Receives $7.69 Average PT from Analysts
Shares of Husky Energy Inc. (OTCMKTS:HUSKF) have received an average rating of “Hold” from the nine brokerages that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation and eight have assigned a hold recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $7.69.
Several equities research analysts recently issued reports on HUSKF shares. TD Securities increased their price objective on Husky Energy from $4.00 to $4.50 and gave the stock a “hold” rating in a research note on Friday, May 1st. Canaccord Genuity reissued a “hold” rating and issued a $5.00 price objective on shares of Husky Energy in a research note on Friday, March 13th. Morgan Stanley reissued a “hold” rating and issued a $4.00 price objective on shares of Husky Energy in a research note on Monday, March 16th. Finally, Royal Bank of Canada reissued a “hold” rating and issued a $4.00 price objective on shares of Husky Energy in a research note on Thursday, April 30th.
Shares of Husky Energy stock opened at $3.33 on Wednesday. The stock has a 50-day moving average price of $3.28 and a 200 day moving average price of $4.60. Husky Energy has a 1 year low of $1.57 and a 1 year high of $9.75.
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 (NGL); marketing of the company's and other producers' crude oil, natural gas, NGL, 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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