Husky Energy (HSE), the Materials sector company was revisited today, and remains undervalued for at least one analyst on the street. Analyst Chris Cox from Raymond James remains bullish on the stock and has a C$22 price target.
According to TipRanks.com, Cox is a 1-star analyst with an average return of -1.2% and a 50.9% success rate. Cox covers the Basic Materials sector, focusing on stocks such as Athabasca Oil Corporation, Pengrowth Energy Corp, and Crescent Point Energy.
The word on The Street in general, suggests a Hold analyst consensus rating for Husky Energy with a C$19.77 average price target, representing a 26.8% upside. In a report issued on January 28, Credit Suisse also reiterated a Buy rating on the stock with a C$24 price target.
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Husky Energy’s market cap is currently C$15.67B and has a P/E ratio of 8.3. The company has a Price to Book ratio of 0.86.
Husky Energy, Inc. is an international integrated energy company. It operates through two segments: Upstream and Downstream.
The company’s shares closed on Thursday at C$15.60.
