Brokerages Set Emera Inc (EMA) Price Target at $53.06

Emera Inc (TSE:EMA) has been given an average rating of “Hold” by the nine ratings firms that are covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is C$53.06.

A number of equities research analysts have weighed in on the stock. Barclays PLC lifted their price target on shares of Emera from C$53.00 to C$54.00 in a research report on Monday, August 14th. TD Securities lifted their price target on shares of Emera from C$51.00 to C$53.00 and gave the company a “buy” rating in a research report on Monday, August 14th.

COPYRIGHT VIOLATION NOTICE: “Brokerages Set Emera Inc (EMA) Price Target at $53.06” was originally published by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this report on another website, it was stolen and republished in violation of US and international copyright laws. The legal version of this report can be viewed at https://sportsperspectives.com/2017/09/11/brokerages-set-emera-inc-ema-price-target-at-53-06.html.

Shares of Emera (TSE:EMA) traded down 0.59% during trading on Friday, reaching $47.39. 564,427 shares of the company traded hands. The firm has a 50 day moving average of $47.26 and a 200 day moving average of $47.25. Emera has a 52 week low of $43.76 and a 52 week high of $49.24. The stock has a market capitalization of $10.06 billion and a PE ratio of 24.84.

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 15th. Shareholders of record on Tuesday, August 15th were issued a $0.5225 dividend. The ex-dividend date was Friday, July 28th. This represents a $2.09 dividend on an annualized basis and a yield of 4.41%.

Emera Company Profile

Emera Incorporated is an energy and services company, which invests in electricity generation, transmission and distribution, gas transmission and utility services. The Company operates through six segments: Emera Florida and New Mexico; Nova Scotia Power Inc (NSPI); Emera Maine; Emera Caribbean; Emera Energy, and Corporate and Other.

Analyst Recommendations for Emera (TSE:EMA)

Receive News & Ratings for Emera Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emera Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply