Husky Energy (HSE) Given a C$25.00 Price Target by Raymond James Analysts

Raymond James set a C$25.00 price objective on Husky Energy (TSE:HSE) in a report published on Wednesday. The brokerage currently has an outperform rating on the stock.

Other equities analysts have also recently issued research reports about the stock. GMP Securities dropped their price target on shares of Husky Energy from C$23.00 to C$22.00 in a research report on Friday, October 26th. JPMorgan Chase & Co. dropped their price target on shares of Husky Energy from C$21.00 to C$19.00 in a research report on Wednesday. TD Securities dropped their price target on shares of Husky Energy from C$26.00 to C$22.00 and set a hold rating on the stock in a research report on Friday, October 26th. CIBC reaffirmed a neutral rating and issued a C$24.00 price target on shares of Husky Energy in a research report on Friday, October 5th. Finally, Canaccord Genuity dropped their price target on shares of Husky Energy from C$24.00 to C$19.00 in a research report on Tuesday, November 20th. One analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company’s stock. Husky Energy presently has an average rating of Hold and an average target price of C$21.23.

Shares of TSE HSE opened at C$14.94 on Wednesday. Husky Energy has a fifty-two week low of C$13.33 and a fifty-two week high of C$22.99. The company has a current ratio of 1.59, a quick ratio of 1.13 and a debt-to-equity ratio of 31.59.

Husky Energy (TSE:HSE) last announced its quarterly earnings results on Thursday, October 25th. The company reported C$0.57 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.49 by C$0.08. The business had revenue of C$6.13 billion during the quarter, compared to the consensus estimate of C$6.67 billion. During the same period in the previous year, the business posted $0.14 EPS. On average, equities research analysts anticipate that Husky Energy will post 1.34999996597782 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 2nd. Shareholders of record on Monday, November 26th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, November 23rd. This represents a $0.50 annualized dividend and a dividend yield of 3.35%. Husky Energy’s dividend payout ratio is currently 14.71%.

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; marketing of the company's and other producers' crude oil, natural gas, natural gas liquids, 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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Analyst Recommendations for Husky Energy (TSE:HSE)

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