Emera (OTCMKTS:EMRAF) Lowered to Underperform at Credit Suisse Group

Emera (OTCMKTS:EMRAF) was downgraded by Credit Suisse Group from a “neutral” rating to an “underperform” rating in a research note issued on Friday, The Fly reports.

Separately, BMO Capital Markets lowered shares of Emera from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 13th.

EMRAF opened at $42.57 on Friday. The firm’s 50-day simple moving average is $43.26 and its 200-day simple moving average is $40.84. Emera has a twelve month low of $29.29 and a twelve month high of $44.40.

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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