Crius Energy Unt (KWH.UN) Price Target Cut to C$6.75

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Crius Energy Unt (TSE:KWH.UN) had its target price decreased by Canaccord Genuity from C$8.00 to C$6.75 in a research note published on Friday morning.

Several other brokerages have also weighed in on KWH.UN. Royal Bank of Canada cut their price objective on shares of Crius Energy Unt from C$10.00 to C$9.00 and set an outperform rating on the stock in a research report on Friday. National Bank Financial cut their price objective on shares of Crius Energy Unt from C$10.00 to C$9.00 and set an outperform rating on the stock in a research report on Wednesday, August 8th. Finally, Raymond James cut their price objective on shares of Crius Energy Unt from C$11.00 to C$9.00 and set an outperform rating on the stock in a research report on Tuesday, August 14th.

KWH.UN traded down C$1.35 during midday trading on Friday, hitting C$5.56. 602,244 shares of the company’s stock traded hands, compared to its average volume of 216,683. Crius Energy Unt has a one year low of C$7.01 and a one year high of C$11.32.

About Crius Energy Unt

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.

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