ERM Power Ltd Now Covered by Analysts at CIMB (EPW)
Analysts at CIMB initiated coverage on shares of ERM Power Ltd (ASX:EPW) in a research report issued to clients and investors on Tuesday, AnalystRatingsNetwork reports. The firm set an “outperform” rating and a $2.98 price target on the stock.
Shares of ERM Power Ltd (ASX:EPW) traded down 1.89% during mid-day trading on Tuesday, hitting A$2.600. The stock had a trading volume of 109,456 shares. ERM Power Ltd has a one year low of A$1.700 and a one year high of A$2.920. The stock has a 50-day moving average of A$2.60 and a 200-day moving average of A$2.62.
ERM Power Limited, formerly ERM Power Pty Ltd, is an integrated energy company. The Company is engaged in the sale of electricity to commercial and industrial customers, the development, construction and operation of gas-fired power stations, and the evaluation of and exploration for gas.
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