BMO Capital Downgrades Husky Energy (HSE) to Hold


Today, an analyst has provided a rating update for the Materials sector company, Husky Energy (HSE). The company received a Hold rating from BMO Capital’s analyst Randy Ollenberger, with a C$19 price target.

According to TipRanks.com, Ollenberger is a 1-star analyst with an average return of -1.8% and a 45.0% success rate. Ollenberger covers the Basic Materials sector, focusing on stocks such as Athabasca Oil Corporation, Birchcliff Energy Ltd, and Imperial Oil Limited.

Husky Energy has an analyst consensus of Moderate Buy, with a price target consensus of C$20.91, implying a 24.5% upside from current levels. In a report released today, GMP FirstEnergy also maintained a Hold rating on the stock with a C$18 price target.

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The company has a one-year high of C$22.99 and a one-year low of C$13.33. Currently, Husky Energy has an average volume of 2.07M.

Husky Energy, Inc. is an international integrated energy company. It operates through two segments: Upstream and Downstream.

The company’s shares closed on Friday at C$16.80.

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