Royal Bank Of Canada Lifts Emera Price Target to C$84.00

Royal Bank Of Canada has raised its price target for Emera (TSE:EMA) from C$76.00 to C$84.00 in a research note, according to BayStreet.CA reports.

The brokerage currently has an 'outperform' rating on the stock and sees a potential upside of 18.80% from its current price.

This is not the first time Emera's price target has been increased; in July, BMO Capital Markets lifted its target to C$80.00, while Scotiabank raised its target to C$80.00 with a 'sector outperform' rating.