Husky Energy Inc (TSE:HSE) “Outperform” Rating Reconfirmed Today By RBC Capital Markets; The TP is $24.00

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Husky Energy Inc (TSE:HSE) Rating Reaffirmed

In an analyst note released this morning, RBC Capital Markets has decided to restate their “Outperform” rating on Husky Energy Inc (TSE:HSE) shares. The target price per share would suggest a possible upside of 59.05% from company’s close price.

From a total of 18 analysts covering Husky Energy Inc. (TSE:HSE) stock, 6 rate it a ”Buy”, 3 a “Sell”, and 10 a ”Hold”. This means that 32% of the ratings are positive. The highest target price is $21.37 while the lowest target price is $11.79. The mean of all analyst targets is $16.89 with a 65.89% above today’s ($15.07) stock price. Husky Energy Inc. was the topic of 14 analyst reports since July 21, 2015 according to the firm StockzIntelligence Inc. FirstEnergy Capital upgraded shares on November 5 to “Outperform” rating.

Approximately 1.32M shares of stock traded hands. Husky Energy Inc. (TSE:HSE) has declined 39.79% since May 6, 2015 and is downtrending. It has underperformed by 39.00% the S&P500.

Husky Energy Inc (TSE:HSE)

Husky Energy Inc. is an international integrated energy company. The company has a market cap of $14.83 billion. The Firm operates in two divisions: Upstream and Downstream. It currently has negative earnings. Upstream includes exploration for, and development and production of, crude oil, bitumen, natural gas and NGL (Exploration and Production) and marketing of the Company’s and other producers’ crude oil, natural gas, Natural Gas Liquids (NGL), sulphur and petroleum coke, pipeline transportation, the blending of natural gas and crude oil, and storage of crude oil, diluent and natural gas (Infrastructure and Marketing).

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