Scotiabank Increases Emera (OTCMKTS:EMRAF) Price Target to C$61.00

Emera (OTCMKTS:EMRAFGet Rating) had its target price increased by Scotiabank from C$59.00 to C$61.00 in a research note published on Monday, The Fly reports.

A number of other equities research analysts have also issued reports on EMRAF. CIBC upped their target price on Emera from C$54.00 to C$55.00 in a research note on Tuesday, January 10th. BMO Capital Markets reduced their price objective on Emera from C$63.00 to C$61.00 in a research report on Monday, November 14th. Raymond James upgraded Emera from a market perform rating to an outperform rating in a report on Wednesday, October 19th. Royal Bank of Canada dropped their price objective on Emera from C$72.00 to C$68.00 in a report on Monday, November 14th. Finally, TD Securities decreased their target price on shares of Emera from C$64.00 to C$63.00 in a research report on Monday, November 14th.

Emera Stock Down 0.2 %

Shares of OTCMKTS EMRAF opened at $40.47 on Monday. The firm’s 50-day moving average is $38.92 and its two-hundred day moving average is $42.04. Emera has a 12-month low of $35.24 and a 12-month high of $52.56.

Emera Company Profile

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Emera Incorporated, an energy and services company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company operates through Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, Gas Utilities and Infrastructure, and Other segments.

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