Emera Incorporated (OTCMKTS:EMRAF – Get Free Report) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $45.41 and traded as high as $45.53. Emera shares last traded at $45.41, with a volume of 27,541 shares changing hands.
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on EMRAF. National Bankshares reiterated a “sector perform” rating on shares of Emera in a research report on Monday, August 11th. Scotiabank reiterated an “outperform” rating on shares of Emera in a research report on Monday, August 11th. Finally, TD Securities reissued a “buy” rating on shares of Emera in a report on Monday, August 11th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.
Get Our Latest Research Report on EMRAF
Emera Trading Up 1.0%
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.
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