Husky Energy (HSE) Price Target Cut to C$24.00

Husky Energy (TSE:HSE) had its price target decreased by Canaccord Genuity from C$25.00 to C$24.00 in a research report released on Wednesday.

HSE has been the subject of a number of other research reports. Goldman Sachs Group raised their price objective on Husky Energy from C$21.00 to C$22.00 in a research report on Friday, September 7th. Raymond James raised Husky Energy from a market perform rating to an outperform rating and raised their price objective for the company from C$22.00 to C$26.00 in a research report on Thursday, July 5th. TD Securities lowered Husky Energy from a buy rating to a hold rating and set a C$26.00 price objective for the company. in a research report on Monday, October 1st. CIBC reaffirmed a neutral rating and set a C$24.00 price objective on shares of Husky Energy in a research report on Friday, October 5th. Finally, Barclays raised Husky Energy from an equal weight rating to an overweight rating and raised their price objective for the company from C$18.00 to C$24.00 in a research report on Wednesday, July 11th. One 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. Husky Energy has a consensus rating of Hold and a consensus target price of C$22.54.

HSE stock opened at C$18.69 on Wednesday. Husky Energy has a twelve month low of C$15.09 and a twelve month high of C$22.99.



Husky Energy (TSE:HSE) last posted its quarterly earnings data on Thursday, October 25th. The company reported C$0.57 earnings per share for the quarter, beating the Zacks’ consensus estimate of C$0.49 by C$0.08. Husky Energy had a return on equity of 3.09% and a net margin of 2.93%. The company had revenue of C$6.13 billion during the quarter, compared to analyst estimates of C$6.67 billion. During the same quarter last year, the company earned $0.14 EPS.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 2nd. Shareholders of record on Monday, November 26th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.68%.

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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Analyst Recommendations for Husky Energy (TSE:HSE)

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