Emera Incorporated (EMA) was Downgraded to a Hold Rating at Raymond James


Today, an analyst has provided a rating update for the Utilities sector company, Emera Incorporated (EMA). Analyst David Quezada from Raymond James rated Emera Incorporated (EMA) a Hold.

Quezada has an average return of 18.2% when recommending Emera Incorporated.

According to TipRanks.com, Quezada is ranked #662 out of 5195 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Emera Incorporated with a C$52.25 average price target.

Emera Incorporated’s market cap is currently C$11.82B and has a P/E ratio of 16.6. The company has a Price to Book ratio of 1.62.

Emera, Inc. is an energy and services company, which invests in electricity generation, transmission and distribution and gas transmission and distribution. The company was founded on July 23, 1998 and is headquartered in Halifax, Canada.

The company’s shares closed on Tuesday at C$50.52, close to its 52-week high of C$51.05.

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