Royal Bank Of Canada Raises Husky Energy Inc. (HSE) Price Target to C$17.00

Husky Energy Inc. (TSE:HSE) had its price objective upped by Royal Bank Of Canada from C$16.00 to C$17.00 in a report issued on Friday morning. They currently have a sector perform rating on the stock.

Other equities research analysts have also issued research reports about the stock. CIBC dropped their price objective on shares of Husky Energy from C$19.00 to C$17.50 in a research report on Thursday, July 20th. Canaccord Genuity reissued a hold rating and issued a C$16.50 price objective on shares of Husky Energy in a research report on Thursday, October 26th. AltaCorp Capital lowered shares of Husky Energy from an outperform rating to a sector perform rating in a research report on Monday, July 24th. TD Securities dropped their price objective on shares of Husky Energy from C$18.00 to C$17.00 and set a hold rating for the company in a research report on Monday, July 24th. Finally, Barclays PLC increased their price objective on shares of Husky Energy from C$16.00 to C$17.00 in a research report on Tuesday, October 10th. Seven analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of C$18.10.

Husky Energy (HSE) opened at 16.70 on Friday. Husky Energy has a 1-year low of $13.39 and a 1-year high of $17.42. The firm has a market cap of $16.79 billion and a P/E ratio of 11.09. The firm has a 50 day moving average of $15.55 and a 200 day moving average of $15.24.

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Husky Energy Company Profile

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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