Canaccord Genuity upgraded shares of Crius Energy Unt (TSE:KWH.UN) from a hold rating to a speculative buy rating in a report released on Tuesday morning. They currently have C$8.00 target price on the stock, up from their previous target price of C$7.50.
Other equities research analysts have also recently issued reports about the company. National Bank Financial lowered their target price on Crius Energy Unt from C$10.00 to C$9.00 and set an outperform rating for the company in a research note on Wednesday, August 8th. Raymond James lowered their target price on Crius Energy Unt from C$11.00 to C$9.00 and set an outperform rating for the company in a research note on Tuesday.
TSE KWH.UN opened at C$6.64 on Tuesday. Crius Energy Unt has a 52 week low of C$7.01 and a 52 week high of C$11.32.
Crius Energy Trust (the Trust) is an open-ended limited purpose trust. The Trust has been established to provide investors with a distribution-producing investment through its ownership interest in Crius Energy, LLC (Crius Energy), by the Trust’s indirect subsidiary, Crius Energy Corporation. Crius Energy is involved in the sale of electricity and natural gas to residential and commercial customers.
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