GMP FirstEnergy Remains a Hold on Husky Energy (HSE)


Husky Energy (HSE), the Materials sector company was revisited today, yet the Wall Street analyst remains currently on the sidelines. Analyst Michael Dunn from GMP FirstEnergy rated Husky Energy (HSE) a Hold, setting a C$18 price target.

According to TipRanks.com, Dunn ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -13.2% and a 30.1% success rate. Dunn covers the Basic Materials sector, focusing on stocks such as Paramount Resources Ltd, PrairieSky Royalty Ltd, and Crescent Point Energy.

Currently, the analyst consensus on Husky Energy is a Moderate Buy with an average price target of C$20.91, implying a 24.5% upside from current levels. In a report released today, BMO Capital also downgraded the stock to Hold with a C$19 price target.

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Husky Energy’s market cap is currently C$17.54B and has a P/E ratio of 9.3. The company has a Price to Book ratio of 0.96.

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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