Husky Energy Receives a Hold from BMO Capital

By Austin Angelo

In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Husky Energy (TSX: HSE). Analyst Randy Ollenberger from BMO Capital rated Husky Energy (TSX: HSE) a Hold on on March 12, setting a C$18 price target.

According to TipRanks.com, Ollenberger is ranked 0 out of 5 stars with an average return of -3.7% and a 43.8% success rate. Ollenberger covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Sanchez Energy Corporation, and Spectra Energy Partners.

Currently, the analyst consensus on Husky Energy is Hold and the average price target is C$19.81, representing a 16.7% upside.

In a report issued on March 1, Canaccord Genuity also maintained a Hold rating on the stock with a C$20.50 price target.

Husky Energy’s market cap is currently C$17.04B and has a P/E ratio of 22.6.

Husky Energy, Inc. is an international integrated energy company. It operates through two segments: Upstream and Downstream.

The company’s shares closed on Wednesday at C$16.98.