Emera (OTCMKTS:EMRAF) Cut to Market Perform at BMO Capital Markets

BMO Capital Markets cut shares of Emera (OTCMKTS:EMRAF) from an outperform rating to a market perform rating in a research note issued to investors on Tuesday morning, The Fly reports.

OTCMKTS EMRAF opened at $42.52 on Tuesday. Emera has a 12 month low of $29.24 and a 12 month high of $42.59. The stock’s fifty day moving average price is $41.45 and its 200-day moving average price is $38.43.

Emera Company Profile

Emera Incorporated, an energy and services company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company is also involved in gas transmission and utility energy services businesses; and the provision of energy marketing, trading, and other energy asset management services.

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