Husky Energy (HSE) Price Target Cut to C$17.00

Share on StockTwits

Husky Energy (TSE:HSE) had its target price reduced by equities researchers at Canaccord Genuity from C$19.00 to C$17.00 in a report issued on Thursday. Canaccord Genuity’s price target indicates a potential upside of 13.64% from the company’s current price.

A number of other brokerages have also commented on HSE. JPMorgan Chase & Co. cut their price target on Husky Energy from C$21.00 to C$19.00 in a report on Wednesday. Raymond James set a C$25.00 price target on Husky Energy and gave the stock an “outperform” rating in a report on Wednesday. CIBC cut their price target on Husky Energy from C$24.00 to C$21.50 in a report on Thursday, November 22nd. Morgan Stanley lowered their price objective on Husky Energy from C$24.00 to C$21.00 in a research report on Tuesday, November 20th. Finally, GMP Securities lowered their price objective on Husky Energy from C$23.00 to C$22.00 in a research report on Friday, October 26th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of C$21.23.

Shares of HSE stock traded down C$0.33 during trading hours on Thursday, reaching C$14.96. 988,795 shares of the company’s stock were exchanged, compared to its average volume of 1,885,652. Husky Energy has a fifty-two week low of C$13.33 and a fifty-two week high of C$22.99. The company has a current ratio of 1.59, a quick ratio of 1.13 and a debt-to-equity ratio of 31.59.

Husky Energy (TSE:HSE) last issued its quarterly earnings results on Thursday, October 25th. The company reported C$0.57 EPS for the quarter, topping analysts’ consensus estimates of C$0.49 by C$0.08. The business had revenue of C$6.13 billion for the quarter, compared to analyst estimates of C$6.67 billion. During the same quarter last year, the firm earned $0.14 earnings per share. As a group, sell-side analysts expect that Husky Energy will post 1.34999996597782 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.

Further Reading: How to Invest in an Index Fund

Analyst Recommendations for Husky Energy (TSE:HSE)

Receive News & Ratings for Husky Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Husky Energy and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Husky Energy  Price Target Cut to C$17.00
Husky Energy Price Target Cut to C$17.00
Athabasca Oil  Given New C$1.50 Price Target at Canaccord Genuity
Athabasca Oil Given New C$1.50 Price Target at Canaccord Genuity
Cenovus Energy  Given New C$16.00 Price Target at Barclays
Cenovus Energy Given New C$16.00 Price Target at Barclays
Essential Energy Services  Price Target Lowered to C$0.40 at Canaccord Genuity
Essential Energy Services Price Target Lowered to C$0.40 at Canaccord Genuity
BITFID  Reaches Market Cap of $0.00
BITFID Reaches Market Cap of $0.00
Brokerages Set SGL Carbon SE  PT at $11.07
Brokerages Set SGL Carbon SE PT at $11.07


Leave a Reply

© 2006-2019 Ticker Report