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BMO Capital Sticks to Its Buy Rating for Emera (EMA)

Tipranks - Tipranks - Sat Apr 18, 7:36AM CDT

In a report released today, Benjamin Pham from BMO Capital reiterated a Buy rating on Emera, with a price target of $74.00.

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Pham covers the Utilities sector, focusing on stocks such as Fortis, Emera, and Rockpoint Gas Storage, Inc. Class A. According to TipRanks, Pham has an average return of 10.4% and a 69.53% success rate on recommended stocks.

Emera has an analyst consensus of Moderate Buy, with a price target consensus of $54.97.

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Based on Emera’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$1.54 billion and a net profit of C$87 million. In comparison, last year the company earned a revenue of C$1.76 billion and had a net profit of C$173 million

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