On February 20, an analyst has provided a rating update for Crius Energy (KWH.UN). Raveel Afzaal, an analyst with Canaccord Genuity, has downgraded their rating on KWH.UN to Hold on February 20 , with a C$9.10 price target.
Afzaal has an average return of 8.3% when recommending Crius Energy.
According to TipRanks.com, Afzaal is ranked #3594 out of 5188 analysts.
Crius Energy has an analyst consensus of Hold, with a price target consensus of C$8.30, which is a -7.4% downside from current levels. In a report issued on February 8, Raymond James also maintained a Hold rating on the stock with a C$7.50 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 Thursday at C$8.96, close to its 52-week high of C$9.01.
