Emera Inc (TSE:EMA) had its price target raised by research analysts at BMO Capital Markets from C$51.00 to C$52.00 in a research report issued on Monday. The firm presently has a “market perform” rating on the stock. BMO Capital Markets’ price target suggests a potential upside of 9.80% from the company’s previous close.

EMA has been the topic of several other research reports. Barclays PLC lifted their price objective on Emera from C$53.00 to C$54.00 in a report on Monday, August 14th. TD Securities boosted their price objective on Emera from C$51.00 to C$53.00 and gave the company a “buy” rating in a research report on Monday, August 14th. Finally, CIBC upped their target price on Emera from C$54.00 to C$56.00 in a research note on Friday, September 29th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of C$53.17.

Emera (TSE EMA) opened at 47.36 on Monday. The company has a market cap of $10.05 billion and a PE ratio of 24.82. Emera has a one year low of $43.76 and a one year high of $49.24. The firm has a 50-day moving average of $47.22 and a 200-day moving average of $47.40.

COPYRIGHT VIOLATION NOTICE: This piece of content was published by Watch List News and is the sole property of of Watch List News. If you are accessing this piece of content on another site, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this piece of content can be accessed at https://www.watchlistnews.com/bmo-capital-markets-increases-emera-inc-ema-price-target-to-c52-00/1606346.html.

In related news, insider Bruce Marchand sold 1,300 shares of the stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of C$47.06, for a total value of C$61,178.00.

About Emera

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 Analyst Ratings Network's FREE daily email newsletter.