Husky Energy Receives a Hold from Desjardins

By Carrie Williams

Wall Street analyst has provided a rating update for the Materials sector company today, while remaining neutral on the stock. Analyst Justin Bouchard from Desjardins reiterated a Hold rating on Husky Energy (TSX: HSE), with a C$19 price target.

According to TipRanks.com, Bouchard is ranked #4246 out of 4743 analysts.

Currently, the analyst consensus on Husky Energy is Moderate Buy and the average price target is C$18.85, representing a 1.0% upside.

In a report issued on January 8, Canaccord Genuity also reiterated a Hold rating on the stock with a C$20.50 price target.

The company has a one-year high of C$18.91 and a one-year low of C$13.39. Currently, Husky Energy has an average volume of 955.1K.

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

The company’s shares closed on Friday at C$18.66, close to its 52-week high of C$18.91.