TD Securities upgraded shares of Husky Energy (OTCMKTS:HUSKF) from a hold rating to a buy rating in a report released on Thursday morning, The Fly reports. The analysts noted that the move was a valuation call.
HUSKF has been the subject of several other reports. Royal Bank of Canada reaffirmed a hold rating on shares of Husky Energy in a report on Monday, January 14th. Macquarie raised shares of Husky Energy from an underperform rating to a neutral rating in a report on Thursday, April 11th. Credit Suisse Group lowered shares of Husky Energy from an outperform rating to a neutral rating in a report on Thursday, March 14th. Raymond James reaffirmed a buy rating on shares of Husky Energy in a report on Sunday, December 23rd. Finally, Morgan Stanley reaffirmed a sell rating on shares of Husky Energy in a report on Tuesday, January 29th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the stock. Husky Energy has an average rating of Hold and a consensus price target of $21.00.
OTCMKTS:HUSKF opened at $10.79 on Thursday. Husky Energy has a 1-year low of $9.40 and a 1-year high of $17.59.
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 (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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