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RBC Capital Stick to Their Hold Rating for Husky Energy

Published 10/11/2020, 09:57 PM
Updated 10/11/2020, 09:57 PM


RBC Capital analyst Gregory Pardy maintained a Hold rating on Husky Energy (OTC:HUSKF) on Friday, setting a price target of C$4.5, which is approximately 34.21% above the present share price of $2.56.

Pardy expects Husky Energy to post earnings per share (EPS) of -$0.31 for the fourth 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 $3.45.
The analysts price targets range from a high of $4.19 to a low of $3.05.

In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $2.41 billion and a net profit of -$350 million. The company's market cap is $2.57 billion.

According to TipRanks.com, RBC Capital analyst Gregory Pardy is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -8.1% and a 40.39% 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.

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