Husky Energy (TSX: HSE), the Materials sector company was revisited yesterday, and remains undervalued for at least one analyst on the street. Analyst Jason Frew from Credit Suisse remains bullish on the stock and has a C$26 price target.
Frew has an average return of 0.6% when recommending Husky Energy.
According to TipRanks.com, Frew is ranked #2519 out of 4887 analysts.
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Currently, the analyst consensus on Husky Energy is a Moderate Buy with an average price target of C$24.29, a 31.6% upside from current levels. In a report issued on October 26, Raymond James also reiterated a Buy rating on the stock with a C$28 price target.
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Husky Energy’s market cap is currently C$18.55B and has a P/E ratio of 9.8. The company has a Price to Book ratio of 1.02.
Husky Energy, Inc. is an international integrated energy company. It operates through two segments: Upstream and Downstream.
The company’s shares closed on Tuesday at C$18.46.
