Husky Energy Inc. (OTCMKTS:HUSKF) has been assigned an average rating of “Hold” from the eleven research firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $19.00.
HUSKF has been the subject of several recent research reports. Macquarie raised Husky Energy from an “underperform” rating to a “neutral” rating in a research report on Thursday, April 11th. Raymond James reissued a “mkt perform” rating on shares of Husky Energy in a research report on Wednesday, February 27th. TD Securities raised Husky Energy from a “hold” rating to a “buy” rating in a research report on Thursday, April 18th. They noted that the move was a valuation call. Finally, Credit Suisse Group cut Husky Energy from an “outperform” rating to a “neutral” rating in a report on Thursday, March 14th.
Husky Energy stock opened at $9.40 on Friday. Husky Energy has a fifty-two week low of $9.08 and a fifty-two week 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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