Emera traded at 69.80 this Monday August 24th, increasing 0.78 or 1.13 percent since the previous trading session. Looking back, over the last four weeks, Emera gained 9.06 percent. Over the last 12 months, its price rose by 5.84 percent. Looking ahead, we forecast Emera to be priced at 67.49 by the end of this quarter and at 63.12 in one year, according to Trading Economics global macro models projections and analysts expectations.
Emera Inc. is a Canada-based energy and services company. The Company invests in electricity generation, transmission and distribution and gas transmission and distribution. Its segments include Florida Electric Utility, which consists of Tampa Electric, an electric utility; Canadian Electric Utilities, which includes Nova Scotia Power Inc., an electric utility and Emera Newfoundland & Labrador Holdings Inc., consisting of two transmission investments; Other Electric Utilities, which includes Emera (Caribbean) Incorporated, an holding company with regulated electric utilities that include The Barbados Light & Power Company Limited and Grand Bahama Power Company Limited, and Gas Utilities and Infrastructure, which includes Peoples Gas System, New Mexico Gas Company, Inc., SeaCoast Gas Transmission, LLC and Emera Brunswick Pipeline Company Limited.