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

Several other research analysts have also recently issued reports on the company. National Bank Financial cut their target price on 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. Raymond James cut their target price on 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. Finally, Royal Bank of Canada cut their target price on 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.

TSE KWH.UN opened at C$5.38 on Friday. Crius Energy Unt has a 52 week low of C$7.01 and a 52 week 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.

Further Reading: Momentum Indicator: Relative Strength Index

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