Goldman Sachs (NYSE:GS) analyst Emily Chieng maintained a Sell rating on Husky Energy (OTC:HUSKF) on Friday, setting a price target of C$3.5, which is approximately 12.28% below the present share price of $3.99.
Chieng expects Husky Energy to post earnings per share (EPS) of -$1.71 for the second quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Hold rating of shares in Husky Energy, with an average price target of $3.01.
The analysts price targets range from a high of $3.7 to a low of $2.04.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $4.11 billion and a net profit of -$2.18 billion. The company's market cap is $4.01 billion.
According to TipRanks.com, Goldman Sachs analyst Emily Chieng is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 8.7% and a 42.86% success rate.
Husky Energy, Inc. is an international integrated energy company. It operates through two segments: Upstream and Downstream. The Upstream segment includes exploration for, and development and production of, crude oil, bitumen, natural gas and natural gas liquids; a well as marketing of crude oil, natural gas, sulphur, 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 refers to the upgrading of heavy crude oil feedstock into synthetic crude oil in Canada; and refining of crude oil, marketing of refined petroleum products including gasoline, diesel, ethanol blended fuels, asphalt and ancillary products, and production of ethanol. The company was founded in 1938 and is headquartered in Calgary, Canada.