Husky Energy (TSE:HSE) had its price objective hoisted by Royal Bank of Canada from C$19.00 to C$20.00 in a research report issued on Monday. The brokerage currently has a “sector perform” rating on the stock. Royal Bank of Canada’s price objective indicates a potential upside of 34.50% from the company’s previous close.
A number of other equities analysts have also recently commented on HSE. Barclays decreased their price target on Husky Energy from C$26.00 to C$20.00 in a research note on Thursday. Canaccord Genuity reduced their target price on Husky Energy from C$19.00 to C$17.00 in a research note on Thursday. Raymond James set a C$25.00 target price on Husky Energy and gave the company an “outperform” rating in a research note on Wednesday, January 9th. GMP Securities reduced their target price on Husky Energy from C$23.00 to C$22.00 in a research note on Friday, October 26th. Finally, Morgan Stanley reduced their target price on Husky Energy from C$24.00 to C$21.00 in a research note on Tuesday, November 20th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of C$20.97.
Husky Energy stock traded down C$0.07 during trading hours on Monday, reaching C$14.87. The company had a trading volume of 856,422 shares, compared to its average volume of 1,926,631. The company has a quick ratio of 1.13, a current ratio of 1.59 and a debt-to-equity ratio of 31.59. Husky Energy has a 12-month low of C$13.33 and a 12-month high of C$22.99.
Husky Energy (TSE:HSE) last announced its quarterly earnings results on Thursday, October 25th. The company reported C$0.57 EPS for the quarter, topping the Zacks’ consensus estimate of C$0.49 by C$0.08. The company had revenue of C$6.13 billion during the quarter, compared to analysts’ expectations of C$6.67 billion. During the same period last year, the firm earned $0.14 earnings per share. On average, research analysts predict that Husky Energy will post 1.12000005997323 EPS for the current fiscal year.
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.
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