Equities Analysts Offer Predictions for Emera Inc’s Q4 2019 Earnings (TSE:EMA)

Emera Inc (TSE:EMA) – Investment analysts at National Bank Financial issued their Q4 2019 EPS estimates for shares of Emera in a report released on Tuesday, February 11th. National Bank Financial analyst P. Kenny forecasts that the company will post earnings of $0.63 per share for the quarter. National Bank Financial has a “Sector Perform” rating and a $61.00 price objective on the stock.

Other analysts also recently issued reports about the company. UBS Group raised their target price on Emera from C$61.00 to C$65.00 in a research note on Wednesday, December 11th. CSFB raised their target price on Emera from C$56.00 to C$60.00 in a research note on Monday, January 20th. Wells Fargo & Co lifted their price target on Emera from C$57.00 to C$60.00 in a research note on Thursday, January 9th. Scotiabank lifted their price target on Emera from C$58.00 to C$62.00 in a research note on Friday, February 7th. Finally, Credit Suisse Group lifted their price target on Emera from C$56.00 to C$60.00 in a research note on Monday, January 20th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Emera currently has a consensus rating of “Hold” and an average target price of C$60.00.

Shares of Emera stock opened at C$59.33 on Thursday. The business has a 50-day moving average of C$57.84 and a 200-day moving average of C$56.32. The company has a debt-to-equity ratio of 183.94, a current ratio of 0.59 and a quick ratio of 0.38. The company has a market capitalization of $14.20 billion and a PE ratio of 20.16. Emera has a 1-year low of C$45.83 and a 1-year high of C$60.94.

Emera Company Profile

Emera Incorporated, an energy and services company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company is also involved in gas transmission and utility energy services businesses; and the provision of energy marketing, trading, and other energy asset management services.

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