Husky Energy (HSE) Rating Increased to Neutral at Goldman Sachs Group
Husky Energy (TSE:HSE) was upgraded by equities research analysts at Goldman Sachs Group from a “sell” rating to a “neutral” rating in a report issued on Thursday.
HSE has been the topic of a number of other research reports. J P Morgan Chase & Co lifted their target price on shares of Husky Energy from C$15.00 to C$16.00 in a research report on Thursday, September 14th. Royal Bank of Canada restated a “hold” rating and issued a C$16.00 price objective on shares of Husky Energy in a research report on Monday, October 16th. Barclays boosted their price objective on shares of Husky Energy from C$16.00 to C$17.00 in a research report on Tuesday, October 10th. GMP Securities boosted their price objective on shares of Husky Energy from C$19.50 to C$20.50 in a research report on Tuesday, December 5th. Finally, Canaccord Genuity restated a “hold” rating and issued a C$16.50 price objective on shares of Husky Energy in a research report on Thursday, October 26th. Seven research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Husky Energy currently has an average rating of “Hold” and a consensus price target of C$17.77.
Shares of Husky Energy (TSE:HSE) traded down C$0.18 during trading hours on Thursday, reaching C$15.92. 742,657 shares of the company were exchanged, compared to its average volume of 1,015,904. Husky Energy has a one year low of C$13.39 and a one year high of C$17.42.
In related news, Director Nancy Fay Foster sold 2,116 shares of the business’s stock in a transaction dated Monday, October 30th. The shares were 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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