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Bank of America Securities Sticks to Its Hold Rating for Emera (EMA)

Tipranks - Tipranks - Sat Apr 4, 5:38AM CDT

Bank of America Securities analyst Ross Fowler maintained a Hold rating on Emera yesterday and set a price target of C$73.00. The company’s shares closed yesterday at C$73.32.

End of Quarter Sale - 50% Off TipRanks

According to TipRanks, Fowler is a 5-star analyst with an average return of 7.6% and a 67.76% success rate. Fowler covers the Utilities sector, focusing on stocks such as Eversource Energy, Vistra Corp, and Black Hills.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Emera with a C$72.14 average price target, a -1.60% downside from current levels. In a report released on March 26, TipRanks – OpenAI also reiterated a Hold rating on the stock with a C$75.00 price target.

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EMA market cap is currently C$22.22B and has a P/E ratio of 18.58.

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