Emera Inc (TSE:EMA) has earned a consensus rating of “Buy” from the eleven analysts that are presently covering the firm. Three research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is C$54.59.

Several analysts have issued reports on the company. TD Securities upped their price objective on Emera from C$52.00 to C$55.00 and gave the company a “buy” rating in a research note on Wednesday, November 9th. Royal Bank Of Canada restated an “outperform” rating and issued a C$62.00 price objective (up previously from C$60.00) on shares of Emera in a research note on Tuesday, November 8th. National Bank Financial dropped their price objective on Emera from C$55.00 to C$54.00 and set a “sector perform” rating on the stock in a research note on Tuesday, August 9th. Scotiabank restated a “sector perform” rating and issued a C$50.00 price objective on shares of Emera in a research note on Wednesday, November 9th. Finally, RBC Capital Markets upped their price objective on Emera from C$56.00 to C$60.00 in a research note on Wednesday, August 10th.

Shares of Emera (TSE:EMA) opened at 44.82 on Tuesday. The company has a 50-day moving average price of $46.25 and a 200 day moving average price of $47.29. The firm has a market cap of $8.94 billion and a price-to-earnings ratio of 13.96. Emera has a 52 week low of $41.32 and a 52 week high of $50.19.

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 15th. Stockholders of record on Tuesday, November 15th were paid a dividend of $0.5225 per share. The ex-dividend date was Friday, October 28th. This represents a $2.09 dividend on an annualized basis and a dividend yield of 4.66%.

In other news, Director Christopher Huskilson bought 4,000 shares of the stock in a transaction dated Thursday, October 6th. The shares were bought at an average price of C$45.70 per share, for a total transaction of C$182,800.00.

About Emera

Emera Incorporated is an energy and services company that invests in electricity generation, transmission and distribution, as well as gas transmission and utility services. The Company operates through six segments: NSPI; Emera Maine; Emera Caribbean, which includes Emera (Caribbean) Incorporated and its subsidiaries, which includes The Barbados Light & Power Company Limited, Dominica Electricity Services Ltd., Grand Bahama Power Company Limited, Emera Utility Services (Bahamas) Limited and an equity investment in St.

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