CIBC Forecasts Strong Price Appreciation for Emera (TSE:EMA) Stock (2025)

Emera (TSE:EMA – Get Free Report) had its price objective increased by investment analysts at CIBC from C$63.00 to C$64.00 in a research note issued to investors on Thursday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. CIBC’s target price indicates a potential upside of 4.22% from the stock’s current price.

EMA has been the topic of several other research reports. UBS Group lifted their price target on Emera from C$54.00 to C$59.00 in a research report on Friday, March 21st. BMO Capital Markets upped their price target on shares of Emera from C$58.00 to C$60.00 in a research report on Monday, February 24th. Scotiabank raised their price objective on shares of Emera from C$60.00 to C$62.00 and gave the stock an “outperform” rating in a research report on Thursday, February 13th. Royal Bank of Canada lifted their price objective on shares of Emera from C$60.00 to C$63.00 in a research note on Monday, February 24th. Finally, Raymond James lowered their price target on Emera from C$64.00 to C$59.00 and set an “outperform” rating on the stock in a report on Thursday, April 17th. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Emera has a consensus rating of “Moderate Buy” and an average price target of C$58.64.

Get Our Latest Analysis on Emera

Emera Stock Performance

Shares of EMA stock opened at C$61.41 on Thursday. Emera has a 1 year low of C$44.13 and a 1 year high of C$63.13. The company has a debt-to-equity ratio of 150.23, a quick ratio of 0.23 and a current ratio of 0.72. The firm has a market cap of C$18.01 billion, a price-to-earnings ratio of 23.80, a PEG ratio of 6.20 and a beta of 0.35. The stock’s 50-day moving average is C$59.22 and its two-hundred day moving average is C$55.41.

Emera Company Profile

(Get Free Report)

Emera Incorporated, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company operates through Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, Gas Utilities and Infrastructure, and Other segments.

Featured Articles

• Five stocks we like better than Emera
• What is Forex and How Does it Work?
• Short Sellers Gave Up on These 3 Names Recently
• The 3 Best Blue-Chip Stocks to Buy Now
• 3 Boring Stocks Outperforming the Market This Year
• Investing in the High PE Growth Stocks
• If You Wanted To Buy AbbVie and Didn’t, There’s Still Time To Buy

Receive News & Ratings for Emera Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emera and related companies with MarketBeat.com's FREE daily email newsletter.