Husky Energy Inc. (HSE) Receives C$17.91 Average PT from Brokerages

Shares of Husky Energy Inc. (TSE:HSE) have been assigned a consensus rating of “Hold” from the sixteen ratings firms that are covering the company, reports. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is C$17.91.

Several research analysts have recently commented on the stock. Raymond James reaffirmed a “market perform” rating and issued a C$17.00 price target on shares of Husky Energy in a report on Monday, April 29th. GMP Securities decreased their price target on shares of Husky Energy from C$16.50 to C$16.00 in a report on Thursday, May 2nd. BMO Capital Markets lowered shares of Husky Energy from an “outperform” rating to a “market perform” rating and decreased their price target for the company from C$23.00 to C$19.00 in a report on Friday, January 18th. Morgan Stanley decreased their price target on shares of Husky Energy from C$21.00 to C$18.00 in a report on Wednesday, January 30th. Finally, TD Securities raised shares of Husky Energy from a “hold” rating to a “buy” rating and lifted their price target for the company from C$17.00 to C$18.00 in a report on Thursday, April 18th.

Shares of HSE stock opened at C$13.77 on Monday. The firm has a market cap of $13.77 billion and a price-to-earnings ratio of 9.36. The company has a quick ratio of 0.86, a current ratio of 1.17 and a debt-to-equity ratio of 43.04. Husky Energy has a 1-year low of C$13.21 and a 1-year high of C$22.99.

Husky Energy (TSE:HSE) last posted its quarterly earnings results on Friday, April 26th. The company reported C$0.31 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.26 by C$0.05. The business had revenue of C$4.49 billion during the quarter, compared to analyst estimates of C$4.93 billion. Equities analysts forecast that Husky Energy will post 1.28999999173077 earnings per share for the current fiscal year.

In other news, Director Robert John Peabody bought 5,200 shares of Husky Energy stock in a transaction on Wednesday, February 27th. The stock was purchased at an average cost of C$14.73 per share, with a total value of C$76,596.00. Following the purchase, the director now directly owns 125,413 shares of the company’s stock, valued at approximately C$1,847,333.49.

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.

Read More: Price to Earnings Ratio (PE)

Analyst Recommendations for Husky Energy (TSE:HSE)

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