Emera (TSE:EMA) Given New C$68.00 Price Target at National Bank Financial

Emera (TSE:EMA) had its price target upped by National Bank Financial from C$67.00 to C$68.00 in a report issued on Tuesday,BayStreet.CA reports. National Bank Financial currently has a sector perform rating on the stock.

Other equities research analysts also recently issued research reports about the company. TD Securities raised their price objective on Emera from C$74.00 to C$75.00 and gave the company a “buy” rating in a report on Tuesday. Desjardins lifted their price target on Emera from C$68.00 to C$69.00 and gave the company a “hold” rating in a research note on Tuesday. BMO Capital Markets upped their price objective on Emera from C$72.00 to C$74.00 and gave the company an “outperform” rating in a research note on Tuesday. Royal Bank Of Canada raised their price objective on shares of Emera from C$70.00 to C$76.00 in a report on Monday, November 10th. Finally, Canadian Imperial Bank of Commerce boosted their target price on shares of Emera from C$71.00 to C$72.00 in a report on Monday, November 10th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Emera currently has an average rating of “Moderate Buy” and a consensus price target of C$71.72.

Emera Price Performance

EMA stock opened at C$69.85 on Tuesday. The stock has a market cap of C$21.08 billion, a price-to-earnings ratio of 19.14, a P/E/G ratio of 6.20 and a beta of 0.59. The company has a debt-to-equity ratio of 150.23, a current ratio of 0.72 and a quick ratio of 0.23. The company has a 50 day simple moving average of C$68.00 and a 200 day simple moving average of C$67.04. Emera has a 1 year low of C$56.59 and a 1 year high of C$71.86.

Emera (TSE:EMA) last issued its earnings results on Monday, February 23rd. The company reported C$1.48 earnings per share for the quarter. The firm had revenue of C$2.01 billion for the quarter. Emera had a net margin of 10.51% and a return on equity of 6.06%. Research analysts anticipate that Emera will post 3.1991627 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Daniel Muldoon sold 8,000 shares of Emera stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of C$67.00, for a total value of C$536,000.00. Following the transaction, the insider directly owned 2,378 shares of the company’s stock, valued at C$159,326. The trade was a 77.09% decrease in their ownership of the stock. Also, Director Scott Carlyle Balfour sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of C$67.75, for a total value of C$677,500.00. Following the completion of the sale, the director owned 7,733 shares in the company, valued at C$523,910.75. The trade was a 56.39% decrease in their ownership of the stock. 0.09% of the stock is owned by insiders.

Emera News Roundup

Here are the key news stories impacting Emera this week:

• Positive Sentiment: Q4 results beat expectations — Emera reported C$1.48 EPS on C$2.01B revenue with improved net margin (10.5%) and cited record net income and strategic investments, which supports the case for future cash flow and dividend stability. Earnings Call Highlights
• Positive Sentiment: Raymond James raised its price target to C$74.50 and maintained an “outperform” rating, signaling ~6.7% upside from current levels and offering an institutional vote of confidence. Raymond James Note
• Positive Sentiment: BMO Capital Markets lifted its target to C$74.00 with an “outperform” call, indicating mid-single-digit upside and reinforcing buy-side momentum. BMO Research
• Positive Sentiment: TD Securities increased its target to C$75.00 and kept a “buy” rating, the most bullish among the recent notes (~7.4% upside), which could attract investors seeking income-plus-growth exposure. TD Note
• Negative Sentiment: National Bank Financial raised its target modestly to C$68.00 but kept a “sector perform” view — the target sits slightly below current levels, suggesting limited near-term upside from this house. National Bank Note
• Negative Sentiment: Desjardins raised its target to C$69.00 and maintained a “hold” rating; the target implies marginal downside versus the current price, which may cap immediate buying interest. Desjardins Note

About Emera

Emera is a geographically diverse energy and services company investing in electricity generation, transmission, and distribution as well as gas transmission and utility energy services. Emera has operations throughout North America and the Caribbean countries.