Husky Energy Inc. (TSE:HSE) has received an average recommendation of “Hold” from the thirteen ratings firms that are presently covering the company, Marketbeat.com reports. Seven research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is C$17.86.
Several equities analysts have issued reports on the company. Scotiabank raised Husky Energy from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from C$17.00 to C$18.00 in a report on Thursday, December 14th. Canaccord Genuity reaffirmed a “hold” rating and set a C$16.50 price objective on shares of Husky Energy in a report on Thursday, October 26th. Goldman Sachs Group raised Husky Energy from a “sell” rating to a “neutral” rating in a report on Thursday, December 14th. GMP Securities raised their price objective on Husky Energy from C$19.50 to C$20.50 in a report on Tuesday, December 5th. Finally, Royal Bank of Canada raised their price objective on Husky Energy from C$16.00 to C$17.00 and gave the stock a “sector perform” rating in a report on Friday, October 27th.
Husky Energy (TSE HSE) traded down C$0.17 during trading hours on Tuesday, reaching C$18.83. The company had a trading volume of 438,992 shares, compared to its average volume of 949,791. The stock has a market capitalization of $19,140.00, a price-to-earnings ratio of 72.42 and a beta of 0.36. Husky Energy has a 52-week low of C$13.39 and a 52-week high of C$19.07.
In related news, Director Nancy Fay Foster sold 2,116 shares of the firm’s stock in a transaction dated Monday, October 30th. The stock was sold at an average price of C$16.53, for a total transaction of C$34,977.48.
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.
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