In a new note to investors today, an analyst has provided a rating update for the Materials sector company, Husky Energy (HSE). Analyst Jason Bouvier from Scotiabank rated Husky Energy (HSE) a Buy, setting a C$22 price target.
According to TipRanks.com, Bouvier is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -5.9% and a 40.0% success rate. Bouvier covers the Basic Materials sector, focusing on stocks such as Athabasca Oil Corporation, Cenovus Energy Inc, and Husky Energy.
Husky Energy has an analyst consensus of Moderate Buy, with a price target consensus of C$22.06, a 51.9% upside from current levels. In a report issued on December 12, Raymond James also reiterated a Buy rating on the stock with a C$25 price target.
.
Husky Energy’s market cap is currently C$14.59B and has a P/E ratio of 8.2. The company has a Price to Book ratio of 0.80.
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$14.52, close to its 52-week low of C$14.44.
