Husky Energy Inc (OTCMKTS:HUSKF)‘s stock had its “buy” rating reaffirmed by investment analysts at TD Securities in a research note issued to investors on Tuesday. They presently have a $21.00 target price on the stock, up from their prior target price of $20.00. TD Securities’ price target suggests a potential upside of 77.51% from the company’s current price.
Several other research analysts have also issued reports on the company. Royal Bank Of Canada reissued an “outperform” rating and issued a $19.00 target price (up previously from $17.00) on shares of Husky Energy in a research report on Thursday, April 21st. Scotiabank restated a “sector perform” rating and issued a $18.00 price target on shares of Husky Energy in a research note on Tuesday. Citigroup Inc. upgraded Husky Energy from a “neutral” rating to a “buy” rating in a research note on Thursday, June 23rd. Raymond James Financial Inc. restated a “market perform” rating on shares of Husky Energy in a research note on Friday, June 3rd. Finally, Desjardins upgraded Husky Energy from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research note on Wednesday, June 29th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $21.57.
Husky Energy (OTCMKTS:HUSKF) traded up 0.43% during mid-day trading on Tuesday, hitting $11.83. The stock had a trading volume of 2,518 shares. The stock’s market capitalization is $11.89 billion. The company’s 50 day moving average is $11.90 and its 200-day moving average is $11.44. Husky Energy has a 52 week low of $7.91 and a 52 week high of $18.68.
Husky Energy Inc is an integrated energy company. The Company’s 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.
