Husky Energy (HSE), the Materials sector company, has received a rating update from a Wall Street analyst today. The company received a Buy rating from Raymond James’ analyst Chris Cox, with a C$25 price target.
According to TipRanks.com, Cox is a 1-star analyst with an average return of -2.0% and a 44.7% success rate. Cox covers the Basic Materials sector, focusing on stocks such as Athabasca Oil Corporation, Pengrowth Energy Corp, and Crescent Point Energy.
Husky Energy has an analyst consensus of Moderate Buy, with a price target consensus of C$21.30.
Based on Husky Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of C$6.17 billion and net profit of C$545 million. In comparison, last year the company earned revenue of C$5.48 billion and had a net profit of C$672 million.
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$15.17.
