Husky Energy (TSE:HSE) Given New C$5.25 Price Target at Morgan Stanley
Husky Energy (TSE:HSE) had its price objective lifted by Morgan Stanley from C$4.00 to C$5.25 in a research report report published on Wednesday morning, BayStreet.CA reports.
A number of other research firms have also recently weighed in on HSE. Tudor Pickering reissued a hold rating and issued a C$4.50 price objective on shares of Husky Energy in a research report on Thursday, April 16th. National Bank Financial raised their price objective on Husky Energy from C$4.50 to C$6.00 and gave the stock a sector perform rating in a research report on Wednesday, June 24th. Goldman Sachs Group reissued a sell rating and issued a C$3.50 price objective on shares of Husky Energy in a research report on Friday, June 5th. Scotiabank lowered their price objective on Husky Energy from C$11.00 to C$5.00 in a research report on Wednesday, April 8th. Finally, Citigroup lowered their price objective on Husky Energy from C$9.50 to C$4.00 in a research report on Wednesday, April 29th. Three analysts have rated the stock with a sell rating and seven have given a hold rating to the stock. Husky Energy presently has a consensus rating of Hold and an average price target of C$5.40.
Shares of TSE HSE opened at C$4.27 on Wednesday. The company has a current ratio of 1.01, a quick ratio of 0.74 and a debt-to-equity ratio of 45.66. The stock has a market capitalization of $4.17 billion and a PE ratio of -1.24. The stock’s fifty day simple moving average is C$4.56 and its two-hundred day simple moving average is C$6.04. Husky Energy has a 12-month low of C$2.21 and a 12-month high of C$12.70.
The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Tuesday, June 9th were paid a $0.125 dividend. The ex-dividend date was Monday, June 8th. This represents a $0.50 dividend on an annualized basis and a yield of 11.71%. Husky Energy’s dividend payout ratio (DPR) is -1.46%.
Husky Energy Company Profile
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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