Crius Energy Unt (KWH.UN) Downgraded to “Tender” at National Bank Financial

Crius Energy Unt (TSE:KWH.UN) was downgraded by analysts at National Bank Financial from an “outperform” rating to a “tender” rating in a research note issued on Friday. They presently have a C$7.50 target price on the stock. National Bank Financial’s target price suggests a potential downside of 0.13% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Desjardins reduced their target price on shares of Crius Energy Unt from C$10.00 to C$9.00 in a research report on Friday, November 16th. Canaccord Genuity cut their price objective on shares of Crius Energy Unt from C$8.00 to C$6.75 in a research report on Friday, November 16th. Raymond James restated an “outperform” rating and set a C$9.00 price objective on shares of Crius Energy Unt in a research report on Friday, January 25th. Finally, Royal Bank of Canada cut their price objective on shares of Crius Energy Unt from C$10.00 to C$9.00 and set an “outperform” rating for the company in a research report on Friday, November 16th.

Shares of TSE KWH.UN traded up C$0.01 during mid-day trading on Friday, reaching C$7.51. The company’s stock had a trading volume of 692,459 shares, compared to its average volume of 216,683. Crius Energy Unt has a 1-year low of C$7.01 and a 1-year high of C$11.32.

Crius Energy Unt Company Profile

Crius Energy Trust, through its subsidiaries, sells electricity, natural gas, and solar energy products to residential and commercial customers. It offers a suite of energy products and services, including fixed and variable contracts, renewable energy, and bundled products. The company provides retail electricity to its customers in the Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, and Texas, as well as in Australia; and provides retail natural gas to its customers in the California, District of Columbia, Illinois, Indiana, Maryland, New Jersey, New York, Ohio, Pennsylvania, and Virginia, as well as in Australia.

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