National Bank Financial Increases Crius Energy Trust (KWH.UN) Price Target to C$10.50
Crius Energy Trust (TSE:KWH.UN) had its price target increased by National Bank Financial from C$10.00 to C$10.50 in a research report issued on Tuesday. The firm presently has an “outperform” rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Desjardins reduced their price target on shares of Crius Energy Trust from C$14.00 to C$13.50 and set a “buy” rating for the company in a report on Thursday, August 18th. Canaccord Genuity raised their price target on shares of 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. Scotiabank set a C$10.00 price target on shares of Crius Energy Trust and gave the stock a “sector perform” rating in a report on Monday. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a C$11.00 price target on shares of Crius Energy Trust in a report on Wednesday, July 20th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Crius Energy Trust presently has a consensus rating of “Buy” and a consensus target price of C$11.50.
The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 15th. Stockholders of record on Tuesday, November 15th were issued a dividend of $0.0632 per share. This is a boost from Crius Energy Trust’s previous monthly dividend of $0.06. This represents a $0.76 dividend on an annualized basis and a dividend yield of Infinity. The ex-dividend date was Thursday, October 27th.
About Crius Energy Trust
Crius Energy Trust (the Trust) is an open-ended limited purpose trust. The Trust has been established to provide investors with a distribution-producing investment through its ownership interest in Crius Energy, LLC (Crius Energy), by the Trust’s indirect subsidiary, Crius Energy Corporation. Crius Energy is involved in the sale of electricity and natural gas to residential and commercial customers.
Receive News & Stock Ratings for Crius Energy Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crius Energy Trust and related stocks with our FREE daily email newsletter.