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blue-chip

Business Insights on One Utility Stock - EMA

Oct 25, 2023 | Team Kalkine
Business Insights on One Utility Stock - EMA

Section1: Company Overview

Emera Incorporated (TSX: EMA) is a geographically diverse energy and services company investing in electricity generation, transmission, and distribution as well as gas transmission and utility energy services. Emera has operations throughout North America and the Caribbean countries. This Report covers the Investment Highlights, Key Financial Metrics, Risks, Technical Analysis along with the Valuation, Target Price, and Recommendation on the stock.

1.2 The Key Positives, Negatives, Investment Highlights, and Risks

Section2:  Financial Highlights

 2.1 Key Financial Highlights

Section 3:  Stock Recommendation Summary

3.1 Valuation Methodology

Valuation Methodology (Illustrative): EV to EBITDA  based

3.2 Price Performance and Stock Recommendation

The stock has witnessed a downside of ~10.12% in 1 month and a downside of ~17.62% over the last 3 months. Moreover, the stock is trading below the average 52-week high price of CAD 59.52 and 52-week low price of CAD 43.67 providing an opportunity to accumulate the stock. Emera Incorporated (TSX: EMA) was last covered on 06 October 2023. 

3.3 One-Year Technical Price Chart