In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Husky Energy (TSX: HSE). Analyst Menno Hulshof from TD Securities rated Husky Energy (TSX: HSE) a Hold today, setting a C$26 price target.
According to TipRanks.com, Hulshof is ranked 0 out of 5 stars with an average return of -5.0% and a 39.3% success rate. Hulshof covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Continental Resources, and Range Resources Corp.
Husky Energy has an analyst consensus of Moderate Buy, with a price target consensus of C$24.14, implying a 13.8% upside from current levels. In a report released yesterday, AltaCorp Captial also reiterated a Hold rating on the stock with a C$21 price target.
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Husky Energy’s market cap is currently C$22.8B and has a P/E ratio of 15.4. The company has a Price to Book ratio of 1.27.
Husky Energy, Inc. is an international integrated energy company. It operates through two segments: Upstream and Downstream.
The company’s shares closed on Monday at C$21.21.
