On February 7, an analyst has provided a rating update for the Utilities sector company, Crius Energy (KWH.UN). On February 7, analyst Raveel Afzaal gave a Buy rating to KWH.UN and set a C$8 price target.
Afzaal has an average return of 5.5% when recommending Crius Energy.
According to TipRanks.com, Afzaal is ranked #4039 out of 5146 analysts.
Crius Energy has an analyst consensus of Strong Buy, with a price target consensus of C$8.38, which is an 11.7% upside from current levels. In a report issued on January 25, Raymond James also maintained a Buy rating on the stock with a C$9 price target.
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Based on Crius Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of C$10.12 million. In comparison, last year the company had a net profit of C$45.77 million.
Crius Energy Trust is engaged in the provision of electricity, natural gas, and solar products to residential and commercial customers. It also provides distribution producing investments. The firm operates through the following segments: Commercial, Municipal aggregations, and residential.
The company’s shares closed on Monday at C$7.50.
