Husky Energy (TSE:HSE) had its price target decreased by Canaccord Genuity from C$16.00 to C$14.00 in a research report sent to investors on Tuesday, BayStreet.CA reports.
Several other research analysts also recently weighed in on HSE. GMP Securities reiterated a buy rating and issued a $22.25 price target on shares of SPDR Wells Fargo Preferred Stock ETF in a research report on Friday, June 28th. Goldman Sachs Group increased their price target on shares of MEG Energy from C$6.00 to C$7.00 in a research report on Tuesday, April 16th. BMO Capital Markets reiterated a hold rating and issued a $9.50 price target on shares of Vicon Industries in a research report on Friday, June 14th. Eight Capital decreased their price target on shares of Husky Energy from C$16.00 to C$15.00 in a research report on Wednesday, May 29th. Finally, TD Securities downgraded shares of Vermilion Energy from a buy rating to a hold rating and set a C$40.00 price target on the stock. in a research report on Thursday, April 18th. Nine investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of C$17.15.
Shares of HSE stock opened at C$12.68 on Tuesday. Husky Energy has a 12-month low of C$12.18 and a 12-month high of C$22.99. The company has a quick ratio of 0.86, a current ratio of 1.17 and a debt-to-equity ratio of 43.04. The stock has a 50 day moving average of C$12.60. The stock has a market capitalization of $12.70 billion and a PE ratio of 8.62.
Husky Energy (TSE:HSE) last issued its earnings results on Friday, April 26th. The company reported C$0.31 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.26 by C$0.05. The company had revenue of C$4.49 billion during the quarter, compared to analysts’ expectations of C$4.93 billion. On average, analysts predict that Husky Energy will post 1.1799999 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 2nd. Shareholders of record on Tuesday, July 2nd were given a $0.125 dividend. The ex-dividend date was Friday, June 7th. This represents a $0.50 annualized dividend and a yield of 3.94%. Husky Energy’s payout ratio is presently 33.99%.
About Husky Energy
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.
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