Crius Energy Trust (TSE:KWH.UN) had its price target reduced by stock analysts at Desjardins from C$12.25 to C$11.25 in a research report issued on Monday. Desjardins’ target price would indicate a potential upside of 43.49% from the company’s previous close.
Other research analysts have also recently issued reports about the company. Royal Bank of Canada reduced their price target on Crius Energy Trust from C$11.00 to C$10.00 and set an “outperform” rating for the company in a research report on Monday. Canaccord Genuity reduced their price target on Crius Energy Trust from C$11.50 to C$10.25 and set a “buy” rating for the company in a research report on Monday, November 20th.
Shares of Crius Energy Trust (TSE KWH.UN) traded down C$0.20 during midday trading on Monday, reaching C$7.84. The company had a trading volume of 194,988 shares, compared to its average volume of 216,476. Crius Energy Trust has a 1 year low of C$7.01 and a 1 year high of C$11.32. The firm has a market capitalization of $457.83, a PE ratio of 18.67 and a beta of 0.11.
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.
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