Husky Energy Inc. (HSE) Receives Consensus Recommendation of “Hold” from Brokerages
Husky Energy Inc. (TSE:HSE) has been given a consensus recommendation of “Hold” by the eleven brokerages that are covering the company, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is C$18.10.
Several equities analysts have issued reports on HSE shares. J P Morgan Chase & Co upped their target price on shares of Husky Energy from C$15.00 to C$16.00 in a research note on Thursday, September 14th. Royal Bank Of Canada restated a “hold” rating and set a C$16.00 target price on shares of Husky Energy in a research note on Monday, October 16th. Barclays PLC upped their price target on shares of Husky Energy from C$16.00 to C$17.00 in a research report on Tuesday, October 10th. Finally, Canaccord Genuity upped their price target on shares of Husky Energy from C$14.50 to C$15.50 in a research report on Tuesday, August 15th.
Husky Energy (TSE HSE) traded down C$0.04 on Monday, reaching C$15.42. 3,671,275 shares of the company’s stock traded hands, compared to its average volume of 1,023,891. Husky Energy has a 1-year low of C$13.39 and a 1-year high of C$17.42.
In other news, Director Nancy Fay Foster sold 2,116 shares of the company’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.
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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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