Crius Energy Trust (TSE:KWH.UN) Rating Restated

Analysts at Scotia Capital have $10.50 target on Crius Energy Trust (TSE:KWH.UN). Scotia Capital’s target gives a potential upside of 28.68 % from the company’s previous stock close. The rating was disclosed to clients in analysts report on Tuesday, 28 June.

TSE:KWH.UN Price Chart & Trend

The stock price of Crius Energy Trust dropped 0.64% over the last 200 days, and is in fragile down trend. In the last 50 and 100 days, Crius Energy Trust is down 3.68% and down 2.17%, respectively. Our stocks momentum model is shown on the price chart below.

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

Crius Energy Trust (TSE:KWH.UN) Profile

Crius Energy Trust (the Trust) is a Canada-based open-ended limited purpose trust. The Trust has been established to provide investors with a distribution-producing investment through its 26.8% ownership interest in Crius Energy, LLC by the Trust’s indirect wholly owned subsidiary, Crius Energy Corporation (US Holdco). Crius Energy, LLC is engaged in providing electricity, natural gas and solar products to residential and commercial customers.

Crius Energy Trust (TSE:KWH.UN) traded up 1.25% on 28 June, hitting $8.16. A total of 182,197 shares of the company’s stock traded hands. This is up from average of 130,440 shares. Crius Energy Trust has a 52 week low of $6.05 and a 52 week high of $9.9. The company has a market cap of $205.65 million and a P/E ratio of 0.

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The post Analysts at Scotia Capital Kept their Sector Perform rating for Crius Energy Trust (TSE:KWH.UN) with $10.50 Price Target appeared first on Octafinance.