Husky Energy Inc. (HUSKF) Given Average Recommendation of “Hold” by Brokerages
Husky Energy Inc. (OTCMKTS:HUSKF) has been given an average rating of “Hold” by the ten ratings firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $19.00.
Several research firms recently commented on HUSKF. BMO Capital Markets cut Husky Energy to a “hold” rating in a research report on Friday, January 18th. Credit Suisse Group began coverage on Husky Energy in a research report on Monday, January 28th. They set an “outperform” rating on the stock. CIBC reaffirmed a “hold” rating on shares of Husky Energy in a research report on Saturday, February 2nd. Morgan Stanley reaffirmed a “sell” rating on shares of Husky Energy in a research report on Tuesday, January 29th. Finally, Raymond James reaffirmed a “buy” rating on shares of Husky Energy in a research report on Thursday, December 13th.
Husky Energy stock opened at $10.04 on Monday. Husky Energy has a one year low of $9.40 and a one year high of $17.59.
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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