Husky Energy (HSE) Given a C$21.00 Price Target by Eight Capital Analysts

Husky Energy (TSE:HSE) has been assigned a C$21.00 price target by analysts at Eight Capital in a report released on Thursday. The firm presently has a “neutral” rating on the stock. Eight Capital’s price target points to a potential upside of 12.54% from the stock’s current price.

HSE has been the topic of several other reports. JPMorgan Chase & Co. boosted their price objective on shares of Husky Energy from C$15.00 to C$16.00 in a research report on Thursday, September 14th. Royal Bank of Canada reiterated a “hold” rating and issued a C$16.00 price objective on shares of Husky Energy in a research report on Monday, October 16th. Barclays boosted their price objective on shares of Husky Energy from C$16.00 to C$17.00 in a research report on Tuesday, October 10th. GMP Securities boosted their price objective on shares of Husky Energy from C$19.50 to C$20.50 in a research report on Tuesday, December 5th. Finally, Scotiabank upgraded shares of Husky Energy from a “sector perform” rating to an “outperform” rating and boosted their price objective for the stock from C$17.00 to C$18.00 in a research report on Thursday, December 14th. Eight analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of C$18.04.

Shares of Husky Energy (TSE:HSE) opened at C$18.66 on Thursday. Husky Energy has a 1 year low of C$13.39 and a 1 year high of C$18.91. The company has a market cap of $18,760.00, a PE ratio of 71.77 and a beta of 0.36.

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

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About Husky Energy

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.

Analyst Recommendations for Husky Energy (TSE:HSE)

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