Emera’s Sector Perform Rating Reaffirmed at CIBC (EMA)
Emera (TSE:EMA)‘s stock had its “sector perform” rating reaffirmed by stock analysts at CIBC in a report issued on Tuesday, Analyst Ratings Network reports.
A number of other analysts have also recently weighed in on EMA. Analysts at Scotiabank reiterated a “sector perform” rating on shares of Emera in a research note to investors on Friday, December 6th. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of Emera in a research note to investors on Wednesday, December 4th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of C$34.70.
Shares of Emera (TSE:EMA) remained flat at $30.70 during during mid-day trading trading on Tuesday. 452,883 shares of the company’s stock traded hands. Emera has a 52 week low of $28.77 and a 52 week high of $37.34. The stock’s 50-day moving average is $29.86 and its 200-day moving average is $30.77. The company has a market cap of $4.066 billion and a price-to-earnings ratio of 16.78.
Emera Incorporated (TSE:EMA)is an energy and services company.
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