Brokerages Set Husky Energy Inc. (OTCMKTS:HUSKF) PT at $8.07

Shares of Husky Energy Inc. (OTCMKTS:HUSKF) have been given a consensus rating of “Hold” by the nine ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $8.07.

A number of research firms have issued reports on HUSKF. Canaccord Genuity reaffirmed a “hold” rating and set a $5.00 price objective on shares of Husky Energy in a research report on Friday, March 13th. JPMorgan Chase & Co. reaffirmed a “hold” rating and set a $7.50 price objective on shares of Husky Energy in a report on Wednesday, March 4th. TD Securities decreased their price objective on Husky Energy from $12.00 to $3.50 and set a “hold” rating on the stock in a report on Friday, March 13th. Credit Suisse Group reaffirmed a “hold” rating and set a $15.00 price objective on shares of Husky Energy in a report on Wednesday, December 11th. Finally, Scotiabank cut Husky Energy from an “outperform” rating to a “sector perform” rating and set a $11.00 price objective on the stock. in a report on Tuesday, January 14th.

Shares of OTCMKTS:HUSKF traded up $0.15 during midday trading on Monday, reaching $2.50. The company had a trading volume of 59,344 shares, compared to its average volume of 52,997. Husky Energy has a 52-week low of $1.57 and a 52-week high of $11.03. The company’s 50 day moving average price is $4.54 and its 200 day moving average price is $6.61.

Husky Energy Company Profile

Husky Energy Inc, together with its subsidiaries, operates as an integrated energy company. It operates through two segments, Upstream and Downstream. The Upstream segment engages in the exploration for, and development and production of crude oil, bitumen, natural gas, and natural gas liquids (NGL); marketing of the company's and other producers' crude oil, natural gas, NGL, sulphur, and petroleum coke; pipeline transportation and blending of crude oil and natural gas; and storage of crude oil, diluent, and natural gas.

Featured Story: How to calculate the intrinsic value of a stock

Analyst Recommendations for Husky Energy (OTCMKTS:HUSKF)

Receive News & Ratings for Husky Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Husky Energy and related companies with MarketBeat.com's FREE daily email newsletter.