Today, an analyst has provided a rating update for the Utilities sector company, Crius Energy (KWH.UN). Raymond James’ analyst David Quezada reiterates their Buy rating on the shares, with a C$9 price target.
According to TipRanks.com, Quezada is ranked #2882 out of 5117 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Crius Energy with a C$8.44 average price target.
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$5.25.
