Brokerages Set Power Co. of Canada (TSE:POW) PT at C$75.38

Shares of Power Co. of Canada (TSE:POWGet Free Report) have earned a consensus rating of “Hold” from the ten research firms that are currently covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is C$83.10.

POW has been the subject of several research reports. Royal Bank Of Canada boosted their price objective on shares of Power Co. of Canada from C$73.00 to C$86.00 and gave the stock an “outperform” rating in a research note on Thursday. Scotiabank boosted their price objective on shares of Power Co. of Canada from C$76.00 to C$78.00 and gave the stock an “outperform” rating in a research note on Thursday, February 19th. TD downgraded shares of Power Co. of Canada from a “buy” rating to a “hold” rating and boosted their price objective for the stock from C$74.00 to C$84.00 in a research note on Thursday. National Bank Financial boosted their price objective on shares of Power Co. of Canada from C$77.00 to C$85.00 and gave the stock a “sector perform” rating in a research note on Wednesday. Finally, BMO Capital Markets boosted their price objective on shares of Power Co. of Canada from C$69.00 to C$79.00 and gave the stock a “market perform” rating in a research note on Tuesday, May 12th.

View Our Latest Stock Report on Power Co. of Canada

Key Headlines Impacting Power Co. of Canada

Here are the key news stories impacting Power Co. of Canada this week:

Power Co. of Canada Price Performance

Power Co. of Canada stock opened at C$79.76 on Tuesday. Power Co. of Canada has a 1 year low of C$49.76 and a 1 year high of C$80.88. The firm has a 50 day moving average price of C$70.84 and a 200 day moving average price of C$70.01. The company has a market cap of C$50.26 billion, a price-to-earnings ratio of 19.17, a PEG ratio of 0.57 and a beta of 0.71. The company has a debt-to-equity ratio of 105.91, a quick ratio of 107.64 and a current ratio of 1.44.

Power Co. of Canada (TSE:POWGet Free Report) last released its earnings results on Tuesday, May 12th. The financial services provider reported C$1.43 earnings per share (EPS) for the quarter. Power Co. of Canada had a net margin of 6.98% and a return on equity of 10.81%. The firm had revenue of C$10.96 billion during the quarter. Sell-side analysts predict that Power Co. of Canada will post 4.9289678 earnings per share for the current year.

About Power Co. of Canada

(Get Free Report)

Power Corp. of Canada is a diversified holding company with interests in financial services, communications, and other business sectors through its controlling interests in Power Financial. Power Financial in turn holds controlling interests in Great-West Life (an insurance conglomerate), IGM Financial (Canada’s largest nonbank asset manager), and Pargesa (a holding company with interests in European companies). Power Corp. bought out the remaining shares of Power Financial in February 2020.

Read More

Analyst Recommendations for Power Co. of Canada (TSE:POW)

Receive News & Ratings for Power Co. of Canada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Power Co. of Canada and related companies with MarketBeat.com's FREE daily email newsletter.