Could Husky Energy Inc. Rise Even More? The Stock Had Another Big Increase Today

 Could Husky Energy Inc. Rise Even More? The Stock Had Another Big Increase Today

The stock of Husky Energy Inc. (TSE:HSE) is a huge mover today! About 111,783 shares traded hands. Husky Energy Inc. (TSE:HSE) has declined 18.73% since April 22, 2016 and is downtrending. It has underperformed by 24.74% the S&P500.
The move comes after 5 months positive chart setup for the $14.59B company. It was reported on Nov, 28 by Barchart.com. We have $16.14 PT which if reached, will make TSE:HSE worth $1.31 billion more.

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 27.14% above today’s ($14.81) stock price. Husky Energy Inc. has been the topic of 25 analyst reports since July 21, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained the shares of HSE in a report on Wednesday, October 26 with “Outperform” rating. The rating was maintained by RBC Capital Markets on Wednesday, December 9 with “Outperform”. The rating was upgraded by BMO Capital Markets on Monday, November 2 to “Outperform”. As per Thursday, November 5, the company rating was upgraded by FirstEnergy Capital. Desjardins Securities upgraded Husky Energy Inc. (TSE:HSE) rating on Tuesday, June 28. Desjardins Securities has “Buy” rating and $21 price target. The rating was maintained by Raymond James on Monday, June 6 with “”.

More notable recent Husky Energy Inc. (TSE:HSE) news were published by: Wsj.com which released: “Husky Energy to Sell Stake in Assets to Li Ka-shing-Controlled Companies” on April 26, 2016, also Wsj.com with their article: “Husky Energy Swings to Profit on Gains” published on October 27, 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 Bloomberg.com‘s news article titled: “Husky Said Near Deals to Sell 5 E&P Packages for C$400 Million” with publication date: May 11, 2016.

Husky Energy Inc. is an integrated energy company. The company has a market cap of $14.59 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 23.79 P/E ratio. Upstream activities are located primarily in Western Canada, offshore East Coast of Canada, offshore China and offshore Indonesia.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment