Emera (OTCMKTS:EMRAF) Lifted to “Neutral” at JPMorgan Chase & Co.

Emera (OTCMKTS:EMRAFGet Rating) was upgraded by JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a report issued on Friday, The Fly reports.

Several other research analysts have also commented on the company. Royal Bank of Canada boosted their price objective on Emera from C$66.00 to C$72.00 in a report on Tuesday, May 17th. National Bank Financial boosted their target price on Emera from C$59.00 to C$60.00 in a research report on Monday, May 16th.

Emera Stock Performance

Shares of Emera stock opened at $48.81 on Friday. Emera has a 52-week low of $44.28 and a 52-week high of $52.56. The stock’s 50-day simple moving average is $47.15 and its 200 day simple moving average is $48.08.

Emera Company Profile

(Get Rating)

Emera Incorporated, an energy and services company, 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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