Analysts Set Husky Energy Inc. (HSE) Price Target at $18.10
Shares of Husky Energy Inc. (TSE:HSE) have been assigned a consensus rating of “Hold” from the eleven analysts that are currently covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is C$18.10.
HSE has been the topic of a number of recent analyst reports. CIBC dropped their price objective on Husky Energy from C$19.00 to C$17.50 in a report on Thursday, July 20th. TD Securities dropped their price objective on Husky Energy from C$18.00 to C$17.00 and set a “hold” rating on the stock in a report on Monday, July 24th. Barclays PLC upped their price objective on Husky Energy from C$16.00 to C$17.00 in a report on Tuesday, October 10th. Royal Bank Of Canada reissued a “hold” rating and issued a C$16.00 target price on shares of Husky Energy in a report on Monday, October 16th. Finally, J P Morgan Chase & Co upped their target price on Husky Energy from C$15.00 to C$16.00 in a report on Thursday, September 14th.
In related news, Director Nancy Fay Foster sold 2,116 shares of the stock in a transaction on Monday, October 30th. The stock was sold at an average price of C$16.53, for a total transaction of C$34,977.48.
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Shares of Husky Energy (TSE HSE) remained flat at $C$16.70 during mid-day trading on Thursday. The company’s stock had a trading volume of 738,800 shares, compared to its average volume of 822,906. Husky Energy has a fifty-two week low of C$13.39 and a fifty-two week high of C$17.42.
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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