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RBC Capital Markets disclosed Husky Energy Inc. (TSE:HSE), boosting its price target to $18.00 today

Husky Energy Inc. (TSE:HSE) had its target price raised to $18.00 by RBC Capital Markets in a report released 05/23/2017. The new target price indicates a possible upside of 0.09% based on the company's last closing price.

Previously on 2/27/2017, Barclays Capital reported on Husky Energy Inc. (TSE:HSE) reduced the target price from $23.00 to $21.00. At the time, this indicated a possible upside of 0.34%.

Yesterday Husky Energy Inc. (TSE:HSE) traded 2.49% higher at $16.49. The company’s 50-day moving average is $15.48 and its 200-day moving average is $15.23. The last closing price is up 8.27% from the 200-day moving average, compared to the S&P 500 which has increased 0.01% over the same time period. 1,311,414 shares of the stock traded hands, up from an average trading volume of 815,698

See Chart Below

Husky Energy Inc. (TSE:HSE)

Husky Energy Inc. has a 52 week low of $13.39 and a 52 week high of $17.42 with a P/E ratio of 10.95 The company’s market cap is currently $0.

In addition to RBC Capital Markets reporting its stock price target, a total of 18 brokers have issued a research note on the company. The average stock price target is $14.24 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Husky Energy Inc. (TSE:HSE)

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. The Downstream segment includes upgrading of heavy crude oil feedstock into synthetic crude oil in Canada, refining in Canada of crude oil, marketing of refined petroleum products, including gasoline, diesel, ethanol blended fuels, asphalt and ancillary products, and production of ethanol and refining in the United States of crude oil to produce and market gasoline, jet fuel and diesel fuels. The Company also sells blended heavy crude oil directly to refiners based in the United States and Canada.

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