Husky Energy (TSE:HSE) Price Target Raised to C$23.00

Husky Energy (TSE:HSE) had its price objective raised by CSFB from C$21.00 to C$23.00 in a note issued to investors on Friday, April 13th. CSFB’s price target points to a potential upside of 19.98% from the company’s previous close.

Several other equities analysts have also weighed in on HSE. Royal Bank of Canada upped their price objective on shares of Husky Energy from C$19.00 to C$20.00 and gave the company a “sector perform” rating in a report on Tuesday, April 3rd. Raymond James upped their target price on shares of Husky Energy from C$16.00 to C$19.00 and gave the stock an “outperform” rating in a report on Thursday, December 14th. Eight Capital lowered shares of Husky Energy from a “neutral” rating to a “sell” rating and lowered their target price for the stock from C$21.00 to C$19.00 in a report on Thursday, January 18th. TD Securities upgraded shares of Husky Energy from a “hold” rating to a “buy” rating in a report on Monday, February 5th. Finally, GMP Securities upped their price objective on shares of Husky Energy from C$20.50 to C$22.00 in a research report on Monday, January 29th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. Husky Energy has a consensus rating of “Hold” and a consensus price target of C$18.50.

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Shares of TSE HSE traded down C$0.35 during midday trading on Friday, reaching C$19.17. 407,883 shares of the company were exchanged, compared to its average volume of 1,201,692. Husky Energy has a one year low of C$13.39 and a one year high of C$19.94.



Husky Energy (TSE:HSE) last issued its quarterly earnings data on Thursday, March 1st. The company reported C$0.22 earnings per share for the quarter, topping the consensus estimate of C$0.16 by C$0.06. The company had revenue of C$5.53 billion for the quarter, compared to analysts’ expectations of C$4.50 billion. Husky Energy had a net margin of 2.93% and a return on equity of 3.09%.

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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; 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.

Analyst Recommendations for Husky Energy (TSE:HSE)

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