Shares of Emera Inc (TSE:EMA) have received an average recommendation of “Hold” from the nine research firms that are covering the firm, Analyst Ratings.Net reports. Seven analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is C$45.69.

Shares of Emera (TSE:EMA) traded up 1.48% during trading on Friday, reaching $44.82. The company’s stock had a trading volume of 687,528 shares. The firm’s 50-day moving average price is $43.08 and its 200-day moving average price is $43.21. Emera has a one year low of $39.12 and a one year high of $47.51. The company has a market capitalization of $6.52 billion and a price-to-earnings ratio of 18.30.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 16th. Stockholders of record on Tuesday, February 16th will be paid a $0.475 dividend. The ex-dividend date of this dividend is Friday, January 29th. This represents a $1.90 annualized dividend and a dividend yield of 4.26%.

A number of analysts have recently commented on EMA shares. Scotiabank reissued a “sector perform” rating and issued a C$46.00 price target on shares of Emera in a research report on Thursday, October 8th. RBC Capital reissued an “outperform” rating and issued a C$56.00 price target on shares of Emera in a research report on Tuesday, November 17th. Barclays boosted their price target on Emera from C$45.00 to C$46.00 and gave the stock an “equal weight” rating in a research report on Monday, January 4th. CIBC reissued a “sector perform” rating and issued a C$33.50 price target on shares of Emera in a research report on Thursday, November 26th. Finally, Gabelli reissued a “hold” rating on shares of Emera in a research report on Wednesday, October 14th.

Emera Incorporated is an energy and services company that owns and invests in electricity generation, transmission and distribution, gas transmission, utility services, energy marketing and trading services, and other energy-related management services. The Company provides regional energy solutions by connecting its assets, markets and partners, primarily in eastern Canada, the northeastern United States, and the Caribbean. Its segments include Nova Scotia Power Inc.; Emera Maine; Emera Caribbean (TSE:EMA) Incorporated and its subsidiaries, including Barbados Light & Power Company Ltd. and Dominica Electricity Services Ltd., Grand Bahama Power Company Ltd. and Emera Utility Services (Bahamas) Limited; Pipelines, including Emera Brunswick Pipeline Company Limited and Maritimes & Northeast Pipeline, and Emera Energy Inc., including Emera Energy Services, New England Gas Generating Facilities, Bayside Power Limited Partnership and Brooklyn Power Corporation, among others.

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