Desjardins Forecasts Strong Price Appreciation for Power Co. of Canada (TSE:POW) Stock

Power Co. of Canada (TSE:POW) had its price objective hoisted by Desjardins from C$81.00 to C$87.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the financial services provider’s stock. Desjardins’ target price indicates a potential upside of 9.08% from the company’s current price.

A number of other equities analysts have also commented on POW. Royal Bank Of Canada increased their price target on shares of Power Co. of Canada from C$73.00 to C$86.00 and gave the stock an “outperform” rating in a report on Thursday. Canadian Imperial Bank of Commerce increased their price target on shares of Power Co. of Canada from C$75.00 to C$78.00 and gave the stock a “hold” rating in a report on Friday, March 20th. Jefferies Financial Group increased their price target on shares of Power Co. of Canada from C$68.00 to C$73.00 in a report on Friday, March 20th. TD lowered shares of Power Co. of Canada from a “buy” rating to a “hold” rating and increased their price target for the stock from C$74.00 to C$84.00 in a report on Thursday. Finally, Scotiabank increased their price target on shares of Power Co. of Canada from C$76.00 to C$78.00 and gave the stock an “outperform” rating in a report on Thursday, February 19th. Four analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of C$83.10.

Power Co. of Canada Stock Performance

TSE POW opened at C$79.76 on Thursday. Power Co. of Canada has a 1 year low of C$49.76 and a 1 year high of C$80.88. The company has a debt-to-equity ratio of 105.91, a current ratio of 1.44 and a quick ratio of 107.64. The stock has a market capitalization of C$50.26 billion, a PE ratio of 19.17, a P/E/G ratio of 0.57 and a beta of 0.71. The company’s 50 day simple moving average is C$70.84 and its two-hundred day simple moving average is C$70.01.

Power Co. of Canada (TSE:POW) last posted 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 business had revenue of C$10.96 billion for the quarter. Analysts predict that Power Co. of Canada will post 4.9289678 earnings per share for the current fiscal year.

More Power Co. of Canada News

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

• Positive Sentiment: Jefferies Financial Group raised its price target on Power Co. of Canada to C$90.00, signaling confidence in further upside. Power Co. of Canada (TSE:POW) Given New C$90.00 Price Target at Jefferies Financial Group
• Positive Sentiment: Scotia issued a positive forecast and lifted its target to C$90.00, keeping a sector outperform view on POW. Scotia Issues Positive Forecast for Power Co. of Canada (TSE:POW) Stock Price
• Positive Sentiment: Desjardins also turned more constructive, raising its price target to C$87.00 and maintaining a buy rating. Desjardins Issues Positive Forecast for Power Co. of Canada (TSE:POW) Stock Price
• Positive Sentiment: Royal Bank of Canada increased its target to C$86.00 and reiterated an outperform stance, adding to the upbeat analyst momentum. Power Co. of Canada (TSE:POW) Price Target Raised to C$86.00 at Royal Bank Of Canada
• Neutral Sentiment: Power Co. of Canada released its Q1 2026 earnings call transcript and shareholder/analyst call remarks, which may provide additional color but did not include a clear market-moving surprise in the headlines provided. Power Corporation of Canada (POW:CA) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: A dividend declaration for a preferred share series was announced, which is usually routine and likely limited in impact on the common stock. Power Corporation of Canada PFD 1st C 5.80 declares CAD0.3625 dividend
• Negative Sentiment: TD Securities downgraded Power Co. of Canada from strong-buy to hold, which may be weighing on sentiment despite its higher target price. Power Co. of Canada was downgraded by TD Securities from strong-buy to hold

Power Co. of Canada Company Profile

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.