Crius Energy Trust (KWH.UN) Rating Increased to Outperform at Royal Bank Of Canada
Crius Energy Trust (TSE:KWH.UN) was upgraded by investment analysts at Royal Bank Of Canada from a “sector perform” rating to an “outperform” rating in a report issued on Friday. The brokerage currently has a C$11.00 price objective on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 25.86% from the stock’s current price.
A number of other equities analysts have also weighed in on the stock. Desjardins lowered their price objective on shares of Crius Energy Trust from C$13.25 to C$12.75 in a research report on Tuesday, October 24th. Raymond James Financial, Inc. reiterated an “outperform” rating and issued a C$12.00 price objective on shares of Crius Energy Trust in a research report on Tuesday, August 29th. Finally, National Bank Financial lowered their price objective on shares of Crius Energy Trust from C$13.00 to C$11.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 16th.
Crius Energy Trust (TSE:KWH.UN) opened at C$8.74 on Friday. Crius Energy Trust has a 1 year low of C$7.76 and a 1 year high of C$11.32.
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About Crius Energy Trust
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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