Husky Energy Inc. Just Recorded A Sigfniciant Decline

 Husky Energy Inc. Just Recorded A Sigfniciant Decline

The stock of Husky Energy Inc. (TSE:HSE) is a huge mover today! About 158,274 shares traded hands. Husky Energy Inc. (TSE:HSE) has declined 14.17% since April 14, 2016 and is downtrending. It has underperformed by 18.60% the S&P500.
The move comes after 9 months negative chart setup for the $14.39 billion company. It was reported on Nov, 18 by Barchart.com. We have $13.02 PT which if reached, will make TSE:HSE worth $1.30B less.

Husky Energy Inc. (TSE:HSE) Ratings Coverage

Out of 7 analysts covering Husky Energy Inc. (TSE:HSE), 5 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 71% are positive. $32 is the highest target while $16 is the lowest. The $18.83 average target is 31.59% above today’s ($14.31) stock price. Husky Energy Inc. has been the topic of 25 analyst reports since July 21, 2015 according to StockzIntelligence Inc. On Monday, June 6 the stock rating was maintained by Raymond James with “”. The stock of Husky Energy Inc. (TSE:HSE) earned “Buy” rating by Desjardins Securities on Tuesday, June 28. The firm earned “Outperform” rating on Wednesday, December 9 by RBC Capital Markets. As per Wednesday, October 26, the company rating was maintained by RBC Capital Markets. FirstEnergy Capital upgraded Husky Energy Inc. (TSE:HSE) on Thursday, November 5 to “Outperform” rating. BMO Capital Markets upgraded the stock to “Outperform” rating in Monday, November 2 report.

More notable recent Husky Energy Inc. (TSE:HSE) news were published by: Wsj.com which released: “Husky Energy Swings to Profit on Gains” on October 27, 2016, also Wsj.com with their article: “Husky Energy to Sell Stake in Assets to Li Ka-shing-Controlled Companies” published on April 26, 2016, Wsj.com published: “Canada’s Husky Energy Slashes Budget, Suspends Dividend” on January 19, 2016. More interesting news about Husky Energy Inc. (TSE:HSE) were released by: Moodys.com and their article: “Moody’s confirms Husky Energy’s Baa2 rating; outlook stable” published on February 19, 2016 as well as Fool.ca‘s news article titled: “Husky Energy Inc: Is a Big Dividend Coming?” with publication date: September 13, 2016.

Husky Energy Inc. is an integrated energy company. The company has a market cap of $14.39 billion. The Company’s Upstream segment includes exploration, development and production of crude oil, bitumen, natural gas and natural gas liquids, and marketing of the Company’s and other producers’ crude oil, natural gas, natural gas liquids, sulfur and petroleum coke, pipeline transportation, the blending of natural gas and crude oil, and storage of crude oil, diluent and natural gas. It has a 22.99 P/E ratio. Upstream activities are located primarily in Western Canada, offshore East Coast of Canada, offshore China and offshore Indonesia.

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