Crius Energy Trust (KWH.UN) Upgraded to Outperform by Royal Bank Of Canada
Crius Energy Trust (TSE:KWH.UN) was upgraded by research analysts at Royal Bank Of Canada from a “sector perform” rating to an “outperform” rating in a research note issued to investors on Friday. The brokerage presently has a C$11.00 price objective on the stock. Royal Bank Of Canada’s price target would suggest a potential upside of 25.86% from the stock’s current price.
Other equities research analysts have also recently issued reports about the stock. National Bank Financial lowered their price objective on shares of Crius Energy Trust from C$13.00 to C$11.00 and set an “outperform” rating for the company in a research report on Wednesday, August 16th. Raymond James Financial, Inc. reaffirmed an “outperform” rating and issued a C$12.00 price target on shares of Crius Energy Trust in a research report on Tuesday, August 29th. Finally, Desjardins lowered their price target on shares of Crius Energy Trust from C$13.25 to C$12.75 in a research report on Tuesday, October 24th.
Shares of Crius Energy Trust (KWH.UN) traded up C$0.19 during trading on Friday, hitting C$8.74. 336,631 shares of the stock traded hands, compared to its average volume of 178,286. Crius Energy Trust has a 1-year low of C$7.76 and a 1-year high of C$11.32.
WARNING: This piece was originally published by American Banking News and is owned by of American Banking News. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. and international trademark and copyright legislation. The correct version of this piece can be read at https://www.americanbankingnews.com/2017/11/04/crius-energy-trust-kwh-un-upgraded-to-outperform-by-royal-bank-of-canada.html.
About Crius Energy Trust
Crius Energy Trust (the Trust) is an open-ended limited purpose trust. The Trust has been established to provide investors with a distribution-producing investment through its ownership interest in Crius Energy, LLC (Crius Energy), by the Trust’s indirect subsidiary, Crius Energy Corporation. Crius Energy is involved in the sale of electricity and natural gas to residential and commercial customers.
Receive News & Ratings for Crius Energy Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crius Energy Trust and related companies with MarketBeat.com's FREE daily email newsletter.