Husky Energy (HSE) Raised to Outperform at Scotiabank

Scotiabank upgraded shares of Husky Energy (TSE:HSE) from a sector perform rating to an outperform rating in a report issued on Thursday. The firm currently has C$18.00 price objective on the stock, up from their previous price objective of C$17.00.

Other equities research analysts also recently issued research reports about the stock. GMP Securities upped their price target on shares of Husky Energy from C$19.50 to C$20.50 in a research report on Tuesday, December 5th. Barclays upped their price target on shares of Husky Energy from C$16.00 to C$17.00 in a research report on Tuesday, October 10th. J P Morgan Chase & Co upped their price target on shares of Husky Energy from C$15.00 to C$16.00 in a research report on Thursday, September 14th. Canaccord Genuity restated a hold rating and issued a C$16.50 price target on shares of Husky Energy in a research report on Thursday, October 26th. Finally, Royal Bank of Canada reiterated a hold rating and issued a C$16.00 target price on shares of Husky Energy in a research report on Monday, October 16th. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of C$17.77.

Shares of Husky Energy (HSE) opened at C$16.47 on Thursday. Husky Energy has a 12-month low of C$13.39 and a 12-month high of C$17.42.

In other Husky Energy news, Director Nancy Fay Foster sold 2,116 shares of the 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 value of C$34,977.48.

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About Husky Energy

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.

Analyst Recommendations for Husky Energy (TSE:HSE)

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