Emera Incorporated (EMA) Gets a Buy Rating from BMO Capital

Emera Incorporated (EMA), the Utilities sector company, has received a rating update from a Wall Street analyst today. The company received a Buy rating from BMO Capital’s analyst Benjamin Pham, with a C$47 price target.

According to TipRanks.com, Pham is ranked #642 out of 4912 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Emera Incorporated with a C$45.60 average price target.

Emera Incorporated’s market cap is currently C$9.44B and has a P/E ratio of 47.7. The company has a Price to Book ratio of 1.37.

Emera, Inc. engages in the provision of energy products and services. It operates through the following segments: Emera Florida and New Mexico, Nova Scotia Power Inc., Emera Maine, Emera Caribbean, Emera Energy, and Corporate and Other. It has investments in electricity generation, transmission and distribution, and gas transmission and distribution.

The company’s shares closed on Thursday at C$40.74.