BMO Capital Markets Cuts Emera (OTCMKTS:EMRAF) Price Target to $54.00

Emera (OTCMKTS:EMRAF) had its target price trimmed by BMO Capital Markets from $55.00 to $54.00 in a research note published on Monday morning, Benzinga reports. The brokerage currently has an outperform rating on the stock.

Emera Price Performance

Shares of Emera stock opened at $33.20 on Monday. The stock has a 50 day moving average of $34.43 and a 200 day moving average of $35.34. Emera has a 12 month low of $31.85 and a 12 month high of $43.89.

About Emera

Emera Incorporated, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company operates through Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, Gas Utilities and Infrastructure, and Other segments.