Husky Energy (HUSKF) Raised to Buy at TD Securities
TD Securities upgraded shares of Husky Energy (OTCMKTS:HUSKF) from a hold rating to a buy rating in a research report released on Thursday, The Fly reports. The analysts noted that the move was a valuation call.
HUSKF has been the topic of a number of other reports. Raymond James reaffirmed a mkt perform rating on shares of Husky Energy in a research report on Wednesday, February 27th. CIBC reaffirmed a hold rating on shares of Husky Energy in a research report on Saturday, February 2nd. Desjardins reaffirmed a hold huskf rating on shares of Husky Energy in a research report on Thursday, December 20th. Morgan Stanley reaffirmed a sell rating on shares of Husky Energy in a research report on Tuesday, January 29th. Finally, Credit Suisse Group began coverage on Husky Energy in a research report on Monday, January 28th. They set an outperform rating on the stock. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of $21.00.
OTCMKTS:HUSKF opened at $10.79 on Thursday. Husky Energy has a 12 month low of $9.40 and a 12 month high of $17.59.
Husky Energy Inc, together with its subsidiaries, operates as an integrated energy company. It operates through two segments, Upstream and Downstream. The Upstream segment engages in the exploration for, and development and production of crude oil, bitumen, natural gas, and natural gas liquids (NGL); marketing of the company's and other producers' crude oil, natural gas, NGL, sulphur, and petroleum coke; pipeline transportation and blending of crude oil and natural gas; and storage of crude oil, diluent, and natural gas.
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