Eight Capital downgraded shares of Husky Energy (TSE:HSE) from a neutral rating to a sell rating in a research report report published on Thursday. Eight Capital currently has C$19.00 price objective on the stock, down from their previous price objective of C$21.00.
Several other analysts have also recently commented on the company. Scotiabank raised Husky Energy from a sector perform rating to an outperform rating and raised their target price for the stock from C$17.00 to C$18.00 in a research report on Thursday, December 14th. Raymond James Financial raised their target price on Husky Energy from C$16.00 to C$19.00 and gave the stock an outperform rating in a research report on Thursday, December 14th. Goldman Sachs Group upgraded Husky Energy from a sell rating to a neutral rating in a report on Thursday, December 14th. BMO Capital Markets reiterated a market perform rating and set a C$17.00 price objective on shares of Husky Energy in a report on Tuesday, December 5th. Finally, GMP Securities increased their price objective on Husky Energy from C$19.50 to C$20.50 in a report on Tuesday, December 5th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. The company has an average rating of Hold and an average price target of C$17.79.
Shares of Husky Energy (TSE:HSE) opened at C$17.91 on Thursday. The company has a market capitalization of $18,000.00, a price-to-earnings ratio of 68.88 and a beta of 0.36. Husky Energy has a 12-month low of C$13.39 and a 12-month high of C$19.24.
In related news, Director Nancy Fay Foster sold 2,116 shares of the 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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