Husky Energy (HSE), the Materials sector company was revisited today, yet the Wall Street analyst remains currently on the sidelines. The company received a Hold rating from GMP FirstEnergy’s analyst Michael Dunn, with a C$16.50 price target.
According to TipRanks.com, Dunn is ranked 0 out of 5 stars with an average return of -11.5% and a 31.6% success rate. Dunn covers the Basic Materials sector, focusing on stocks such as Paramount Resources Ltd, PrairieSky Royalty Ltd, and Crescent Point Energy.
The word on The Street in general, suggests a Hold analyst consensus rating for Husky Energy with a C$19 average price target, implying a 29.1% upside from current levels. In a report released yesterday, AltaCorp Captial also reiterated a Hold rating on the stock with a C$20 price target.
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Husky Energy’s market cap is currently C$14.85B and has a P/E ratio of 8.5. The company has a Price to Book ratio of 0.81.
Husky Energy, Inc. is an international integrated energy company. It operates through two segments: Upstream and Downstream.
The company’s shares closed on Wednesday at C$14.72, close to its 52-week low of C$13.33.
