National Bank Financial Reiterates “Outperform” Rating for Crius Energy Trust (KWH.UN)
Crius Energy Trust (TSE:KWH.UN)‘s stock had its “outperform” rating restated by analysts at National Bank Financial in a research report issued on Wednesday, StockTargetPrices.com reports. They currently have a C$10.00 price target on the stock.
Several other brokerages also recently issued reports on KWH.UN. Royal Bank Of Canada restated a “sector perform” rating and set a C$11.00 price objective on shares of Crius Energy Trust in a research report on Wednesday, July 20th. Scotiabank restated a “sector perform” rating and set a C$10.00 price objective on shares of Crius Energy Trust in a research report on Tuesday, September 27th. Desjardins cut their price objective on Crius Energy Trust from C$14.00 to C$13.50 and set a “buy” rating for the company in a research report on Thursday, August 18th. Finally, Canaccord Genuity boosted their price target on Crius Energy Trust from C$11.25 to C$12.00 and gave the company a “buy” rating in a report on Friday, August 12th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of C$11.42.
About Crius Energy Trust
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Crius Energy Trust (the Trust) is a Canada-based open-ended limited purpose trust. The Trust has been established to provide investors with a distribution-producing investment through its 26.8% ownership interest in Crius Energy, LLC by the Trust’s indirect wholly owned subsidiary, Crius Energy Corporation (US Holdco).
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