BMO Capital Markets Reaffirms “Market Perform” Rating for Husky Energy (HSE)

BMO Capital Markets reissued their market perform rating on shares of Husky Energy (TSE:HSE) in a report issued on Tuesday morning. BMO Capital Markets currently has a C$17.00 target price on the stock.

Several other research firms have also recently commented on HSE. Royal Bank Of Canada increased their price target on Husky Energy from C$16.00 to C$17.00 and gave the company a sector perform rating in a report on Friday, October 27th. Canaccord Genuity reaffirmed a hold rating and issued a C$16.50 price target on shares of Husky Energy in a report on Thursday, October 26th. GMP Securities increased their price target on Husky Energy from C$19.50 to C$20.50 in a report on Tuesday. Barclays increased their price target on Husky Energy from C$16.00 to C$17.00 in a report on Tuesday, October 10th. Finally, J P Morgan Chase & Co increased their price target on Husky Energy from C$15.00 to C$16.00 in a report on Thursday, September 14th. Eight research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of C$17.77.

Shares of Husky Energy (HSE) opened at C$15.59 on Tuesday. Husky Energy has a fifty-two week low of C$13.39 and a fifty-two week high of C$17.42.

In other Husky Energy news, Director Nancy Fay Foster sold 2,116 shares of the firm’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of C$16.53, for a total transaction of C$34,977.48.

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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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