Crius Energy Trust (KWH.UN) Receives Consensus Recommendation of “Buy” from Analysts
Shares of Crius Energy Trust (TSE:KWH.UN) have received a consensus recommendation of “Buy” from the six analysts that are currently covering the stock. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is C$11.42.
Several equities analysts recently weighed in on KWH.UN shares. Desjardins cut their price target on Crius Energy Trust from C$14.00 to C$13.50 and set a “buy” rating for the company in a research note on Thursday, August 18th. Canaccord Genuity boosted their price objective on Crius Energy Trust from C$11.25 to C$12.00 and gave the stock a “buy” rating in a research note on Friday, August 12th. National Bank Financial reiterated an “outperform” rating and set a C$10.00 price objective on shares of Crius Energy Trust in a research note on Wednesday. Scotiabank reiterated a “sector perform” rating and set a C$10.00 price objective on shares of Crius Energy Trust in a research note on Tuesday, September 27th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a C$11.00 price objective on shares of Crius Energy Trust in a research note on Wednesday, July 20th.
Crius Energy Trust Company Profile
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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