Emera Inc
EMA: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 63.00 | Cmkfcj | Tykfrvqn |
Proposed Legislation in Nova Scotia Could Limit Emera's Investment Opportunities
We are lowering our Emera fair value estimate to CAD 54 from CAD 58 after Premier Tim Houston, on behalf of the Government of Nova Scotia, introduced legislation that would materially affect the growth and operating cost recovery at Emera's Nova Scotia Power subsidiary. Our narrow moat and stable moat trend remain unchanged.