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RBC Capital Remains a Buy on Emera (EMA)

Tipranks - Tipranks - Fri Mar 20, 5:59AM CDT

RBC Capital analyst Maurice Choy maintained a Buy rating on Emera today and set a price target of C$76.00.

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According to TipRanks, Choy is a 5-star analyst with an average return of 17.5% and an 80.95% success rate. Choy covers the Utilities sector, focusing on stocks such as Emera, Fortis, and Brookfield Infrastructure.

Emera has an analyst consensus of Moderate Buy, with a price target consensus of C$72.11.

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EMA market cap is currently C$22.09B and has a P/E ratio of 18.58.

Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EMA in relation to earlier this year.

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