Husky Energy Inc. (TSE:HSE) has earned a consensus rating of “Hold” from the sixteen research firms that are currently covering the stock, MarketBeat reports. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is C$18.03.
A number of research analysts recently issued reports on HSE shares. Barclays reduced their price target on Husky Energy from C$26.00 to C$20.00 in a report on Thursday, January 10th. Canaccord Genuity lowered their price objective on Husky Energy from C$19.00 to C$17.00 in a research report on Thursday, January 10th. JPMorgan Chase & Co. lowered their price objective on Husky Energy from C$21.00 to C$19.00 in a research report on Wednesday, January 9th. Morgan Stanley lowered their price objective on Husky Energy from C$21.00 to C$18.00 in a research report on Wednesday, January 30th. Finally, Raymond James lowered their price objective on Husky Energy from C$25.00 to C$22.00 in a research report on Thursday, January 31st.
Shares of TSE HSE traded down C$0.01 during midday trading on Thursday, reaching C$14.16. The company had a trading volume of 568,077 shares, compared to its average volume of 2,185,291. Husky Energy has a one year low of C$13.21 and a one year high of C$22.99. The company has a current ratio of 1.14, a quick ratio of 0.86 and a debt-to-equity ratio of 31.68. The firm has a market cap of $14.23 billion and a PE ratio of 10.12.
The company also recently declared a quarterly dividend, which was paid on Monday, April 1st. Stockholders of record on Monday, April 1st were issued a dividend of $0.125 per share. The ex-dividend date was Monday, March 18th. This represents a $0.50 annualized dividend and a dividend yield of 3.53%. Husky Energy’s payout ratio is 28.57%.
In other news, Director Robert John Peabody purchased 3,200 shares of the stock in a transaction dated Thursday, March 7th. The shares were purchased at an average cost of C$14.14 per share, with a total value of C$45,248.00. Following the acquisition, the director now directly owns 153,413 shares of the company’s stock, valued at C$2,169,259.82.
About Husky Energy
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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