Crius Energy Trust (KWH.UN) Stock Rating Reaffirmed by Scotiabank
Crius Energy Trust (TSE:KWH.UN)‘s stock had its “sector perform” rating reiterated by research analysts at Scotiabank in a research note issued to investors on Tuesday. They presently have a C$10.00 price target on the stock.
Other analysts have also recently issued reports about the company. Desjardins upped their target price on Crius Energy Trust from C$13.00 to C$14.00 in a report on Wednesday, June 8th. Canaccord Genuity increased their price target on Crius Energy Trust from C$11.25 to C$12.00 and gave the stock a “buy” rating in a report on Friday, August 12th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a C$11.00 price target on shares of Crius Energy Trust in a report on Wednesday, June 8th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of C$11.70.
About Crius Energy Trust
Crius Energy Trust (the Trust) is a Canada-based open-ended limited purpose trust. The Trust has been established to provide investors with a distribution-producing investment through its 26.8% ownership interest in Crius Energy, LLC by the Trust’s indirect wholly owned subsidiary, Crius Energy Corporation (US Holdco).
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