Crius Energy Trust (KWH.UN) Price Target Lowered to C$10.25 at Canaccord Genuity

Crius Energy Trust (TSE:KWH.UN) had its price objective trimmed by Canaccord Genuity from C$11.50 to C$10.25 in a research note issued to investors on Monday, November 20th. The brokerage currently has a buy rating on the stock.

Other analysts have also recently issued reports about the company. Royal Bank Of Canada dropped their target price on Crius Energy Trust from C$12.00 to C$11.00 and set a sector perform rating for the company in a report on Wednesday, August 16th. Raymond James Financial reiterated an outperform rating and set a C$12.00 price target on shares of Crius Energy Trust in a report on Tuesday, August 29th. National Bank Financial lowered their price target on Crius Energy Trust from C$13.00 to C$11.00 and set an outperform rating for the company in a report on Wednesday, August 16th. Finally, Desjardins lowered their price target on Crius Energy Trust from C$13.25 to C$12.75 in a report on Tuesday, October 24th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The company currently has an average rating of Buy and a consensus price target of C$11.17.

Crius Energy Trust (TSE KWH.UN) traded down C$0.01 during midday trading on Monday, reaching C$8.74. The company had a trading volume of 209,687 shares, compared to its average volume of 210,933. Crius Energy Trust has a 1 year low of C$7.90 and a 1 year high of C$11.32.

The company also recently announced a monthly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 15th will be issued a dividend of $0.0684 per share. This represents a $0.82 dividend on an annualized basis and a yield of 9.39%. This is a boost from Crius Energy Trust’s previous monthly dividend of $0.07. The ex-dividend date of this dividend is Wednesday, November 29th.

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Crius Energy Trust Company Profile

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.

Analyst Recommendations for Crius Energy Trust (TSE:KWH.UN)

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