Emera Inc (TSE:EMA) Director Jonathan Mark Rodger acquired 5,400 shares of the firm’s stock in a transaction on Friday, February 16th. The shares were bought at an average cost of C$39.26 per share, with a total value of C$212,004.00.
Shares of Emera Inc (EMA) opened at C$41.91 on Friday. The company has a market capitalization of $9,570.00, a P/E ratio of 15.30 and a beta of -0.01. Emera Inc has a 1-year low of C$39.08 and a 1-year high of C$49.48.
A number of analysts have weighed in on EMA shares. BMO Capital Markets decreased their price objective on Emera from C$54.00 to C$52.00 in a research report on Tuesday, February 6th. National Bank Financial decreased their price objective on Emera from C$45.00 to C$43.00 in a research report on Tuesday, February 13th. TD Securities decreased their price objective on Emera from C$53.00 to C$49.00 and set a “buy” rating for the company in a research report on Tuesday, February 13th. Raymond James Financial raised Emera from a “market perform” rating to an “outperform” rating in a research report on Friday, February 9th. Finally, Royal Bank of Canada decreased their price objective on Emera from C$57.00 to C$50.00 and set an “outperform” rating for the company in a research report on Tuesday, February 13th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Emera currently has an average rating of “Buy” and an average price target of C$50.14.
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Emera Incorporated is an energy and services company, which invests in electricity generation, transmission and distribution, gas transmission and utility services. The Company operates through six segments: Emera Florida and New Mexico; Nova Scotia Power Inc (NSPI); Emera Maine; Emera Caribbean; Emera Energy, and Corporate and Other.
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