Emera Rating Reiterated by CSFB (EMA)
Emera (TSE:EMA)‘s stock had its “outperform” rating reaffirmed by CSFB in a research note issued on Tuesday, Stock Ratings Network.com reports. They currently have a C$36.00 price objective on the stock. CSFB’s price target points to a potential upside of 14.25% from the stock’s previous close.
Shares of Emera (TSE:EMA) traded down 0.03% on Tuesday, hitting $31.50. The stock had a trading volume of 133,877 shares. 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 $30.62 and its 200-day moving average is $30.62. The company has a market cap of $4.172 billion and a price-to-earnings ratio of 17.22.
The company also recently announced a dividend, which is scheduled for Monday, February 17th. Shareholders of record on Monday, February 3rd will be paid a dividend of 0.332 per share. The ex-dividend date is Thursday, January 30th.
A number of other analysts have also recently weighed in on EMA. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Emera in a research note to investors on Wednesday, January 8th. Separately, analysts at National Bank Financial reiterated a “sector perform” rating on shares of Emera in a research note to investors on Wednesday, January 8th. They now have a C$34.00 price target on the stock. Finally, analysts at NBF initiated coverage on shares of Emera in a research note to investors on Wednesday, January 8th. They set a “sector perform” rating and a C$34.00 price target on the stock. Six analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of C$34.79.
Emera Incorporated (TSE:EMA)is an energy and services company.
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