RBC Capital restated their outperform rating on shares of Husky Energy Inc (OTCMKTS:HUSKF) in a report released on Wednesday morning, ARN reports. RBC Capital currently has a $17.00 target price on the stock, down from their previous target price of $20.00.

Several other equities analysts also recently issued reports on HUSKF. CIBC reissued a sector perform rating and set a $23.50 price target (down from $27.00) on shares of Husky Energy in a report on Monday, November 2nd. BMO Capital Markets raised shares of Husky Energy from a market perform rating to an outperform rating in a report on Monday, November 2nd. Barclays reissued an overweight rating and set a $26.00 price target (down from $28.00) on shares of Husky Energy in a report on Monday, November 2nd. Finally, FirstEnergy Capital reaffirmed an outperform rating on shares of Husky Energy in a research note on Friday, November 6th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus target price of $22.80.

Husky Energy (OTCMKTS:HUSKF) opened at 9.799 on Wednesday. Husky Energy has a 1-year low of $7.91 and a 1-year high of $23.63. The firm’s market cap is $9.65 billion. The company has a 50-day moving average of $10.17 and a 200-day moving average of $14.88.

Husky Energy Inc. (OTCMKTS:HUSKF) is an international integrated energy company. The Company operates in two segments: Upstream and Downstream. Upstream includes exploration for, and development and production of, crude oil, bitumen, natural gas and NGL (Exploration and Production) and marketing of the Company’s and other producers’ crude oil, natural gas, Natural Gas Liquids (NGL), sulphur and petroleum coke, pipeline transportation, the blending of crude oil and natural gas, and storage of crude oil, diluent and natural gas (Infrastructure and Marketing). Downstream includes upgrading of heavy crude oil feedstock into synthetic crude oil (Upgrading), refining in Canada of crude oil and marketing of refined petroleum products, including gasoline, diesel, ethanol blended fuels, asphalt and ancillary products, and production of ethanol (Canadian Refined Products) and refining in the United States of primarily crude oil to produce and market gasoline, jet fuel and diesel fuels.

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