Husky Energy Inc (HUSKF) Price Target Raised to $19.00 at Morgan Stanley

Husky Energy Inc (OTCMKTS:HUSKF) had its target price upped by stock analysts at Morgan Stanley from $17.00 to $19.00 in a research report issued to clients and investors on Friday. The firm currently has an “equal weight” rating on the stock. Morgan Stanley’s price target suggests a potential upside of 52.71% from the company’s current price.

Separately, Barclays PLC cut Husky Energy from an “overweight” rating to a “hold” rating in a report on Tuesday, July 11th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Husky Energy has a consensus rating of “Hold” and a consensus price target of $18.75.

Shares of Husky Energy (OTCMKTS HUSKF) traded up 0.591% during mid-day trading on Friday, reaching $12.515. The company had a trading volume of 594 shares. The firm has a 50-day moving average price of $12.19 and a 200-day moving average price of $11.72. The stock has a market capitalization of $12.58 billion and a price-to-earnings ratio of 10.101. Husky Energy has a 1-year low of $10.38 and a 1-year high of $13.28.

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Husky Energy Company Profile

Husky Energy Inc is an integrated energy company. The Company operates through two segments. The 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 crude oil and natural gas, and storage of crude oil, diluent and natural gas.

Analyst Recommendations for Husky Energy (OTCMKTS:HUSKF)

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