Crius Energy (KWH.UN), the Utilities sector company, has received a rating update from a Wall Street analyst today. Analyst David Quezada from Raymond James reiterated a Hold rating, with a C$7.50 price target.
Quezada has an average return of 9.0% when recommending Crius Energy.
According to TipRanks.com, Quezada is ranked #1104 out of 5141 analysts.
Currently, the analyst consensus on Crius Energy is a Strong Buy with an average price target of C$8.06.
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 Friday at C$7.51.
