Raymond James recorded Emera Inc. (TSE:EMA), stepping up its stock price target to $51.50 today
- Updated: September 22, 2016
In a statement issued on 9/22/2016 Raymond James upped the stock price target of Emera Inc. (TSE:EMA) to $51.50 stating a possible upside of 0.07%.
Previously on 7/26/2016, CSFB reported about Emera Inc. (TSE:EMA) raised the target price from $54.00 to $58.00. At the time, this indicated a possible upside of 0.19%.
Just yesterday Emera Inc. (TSE:EMA) traded 0.92% higher at $48.02. EMA’s 50-day average is $47.92 and its two hundred day average is $47.47. With the last close up 1.24% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time. 545,676 shares of the stock were exchanged, down from an average trading volume of 647,264
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Emera Inc. has a PE ratio of 14.97 with a one year low of $41.32 and a one year high of $50.19 Emera Inc.’s market capitalization is presently $0.
A total of 9 brokers have issued a research note on Emera Inc.. zero brokerages rating the company a strong buy, six brokers rating the stock a buy, 4 firms rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 analysts rating the company a sell with a 12-month price target of $41.36.
Brief Synopsis About Emera Inc. (TSE:EMA)
Emera Incorporated is an energy and services company that invests in electricity generation, transmission and distribution, as well as gas transmission and utility services. The Company operates through six segments: NSPI; Emera Maine; Emera Caribbean, which includes Emera (Caribbean) Incorporated and its subsidiaries, which includes The Barbados Light & Power Company Limited, Dominica Electricity Services Ltd., Grand Bahama Power Company Limited, Emera Utility Services (Bahamas) Limited and an equity investment in St. Lucia Electricity Services Limited; Pipelines, including Brunswick Pipeline and an equity investment in Maritimes & Northeast Pipeline; Emera Energy, including Emera Energy Services, New England Gas Generating Facilities, Bayside Power, Brooklyn Energy, equity investments in Bear Swamp Power Company LLC and Northeast Wind Partners II, LLC; and Corporate and Other, which includes Emera Utility Services, Emera Newfoundland & Labrador Holdings Inc., and holding companies.
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