In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Husky Energy (TSX: HSE). Yesterday, analyst Menno Hulshof gave a Buy rating to HSE and set a C$26 price target.
According to TipRanks.com, Hulshof has 0 stars on 0-5 star ranking scale with an average return of -5.6% and a 39.0% success rate. Hulshof covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Continental Resources, and Range Resources Corp.
Currently, the analyst consensus on Husky Energy is a Moderate Buy with an average price target of C$23.71.
Husky Energy’s market cap is currently C$22.56B and has a P/E ratio of 15.2. The company has a Price to Book ratio of 1.26.
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$22.45, close to its 52-week high of C$22.76.
