GMP Securities Raises Husky Energy (HSE) Price Target to C$22.00
Husky Energy (TSE:HSE) had its price objective raised by research analysts at GMP Securities from C$20.50 to C$22.00 in a research report issued on Monday. GMP Securities’ price target would suggest a potential upside of 19.37% from the company’s previous close.
Several other brokerages have also commented on HSE. Raymond James Financial lowered shares of Husky Energy from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from C$19.00 to C$18.00 in a report on Thursday, January 18th. Eight Capital lowered shares of Husky Energy from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from C$21.00 to C$19.00 in a report on Thursday, January 18th. Royal Bank of Canada upped their price objective on shares of Husky Energy from C$17.00 to C$18.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 24th. Canaccord Genuity restated a “hold” rating and issued a C$16.50 price objective on shares of Husky Energy in a report on Thursday, October 26th. Finally, Scotiabank upgraded shares of Husky Energy from a “sector perform” rating to an “outperform” rating and upped their price objective for the stock from C$17.00 to C$18.00 in a report on Thursday, December 14th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of C$17.91.
Shares of Husky Energy (HSE) traded up C$0.08 during mid-day trading on Monday, hitting C$18.43. 840,534 shares of the stock traded hands, compared to its average volume of 1,185,928. Husky Energy has a 52-week low of C$13.39 and a 52-week high of C$19.24. The firm has a market cap of $18,500.00, a price-to-earnings ratio of 70.88 and a beta of 0.36.
COPYRIGHT VIOLATION NOTICE: “GMP Securities Raises Husky Energy (HSE) Price Target to C$22.00” was reported by Watch List News and is the sole property of of Watch List News. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this piece of content can be accessed at https://www.watchlistnews.com/gmp-securities-raises-husky-energy-hse-price-target-to-c22-00/1831065.html.
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.
Receive News & Ratings for Husky Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Husky Energy and related companies with MarketBeat.com's FREE daily email newsletter.