Power Co. of Canada (OTCMKTS:PWCDF) Receives Average Recommendation of “Hold” from Brokerages

Shares of Power Co. of Canada (OTCMKTS:PWCDF) have received an average recommendation of “Hold” from the six research firms that are presently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

PWCDF has been the subject of several research analyst reports. BMO Capital Markets restated a “market perform” rating on shares of Power Co. of Canada in a research report on Friday, August 8th. Scotiabank reissued an “outperform” rating on shares of Power Co. of Canada in a research note on Monday, August 11th. Jefferies Financial Group cut Power Co. of Canada to a “hold” rating in a research report on Friday, August 8th. Royal Bank Of Canada downgraded Power Co. of Canada from an “outperform” rating to a “sector perform” rating in a report on Monday, August 11th. Finally, TD Securities reissued a “buy” rating on shares of Power Co. of Canada in a research note on Monday, August 11th.

Power Co. of Canada Trading Up 1.2%

Shares of PWCDF opened at $43.60 on Tuesday. Power Co. of Canada has a one year low of $29.14 and a one year high of $44.00. The company has a 50-day moving average of $41.89 and a two-hundred day moving average of $38.95.

About Power Co. of Canada

Power Corporation of Canada, an international management and holding company, offers financial services in North America, Europe, and Asia. It operates through Lifeco, IGM Financial, and GBL segments. The company offers life, health and dental, disability, critical illness, and creditor insurance; accidental death and dismemberment; retirement savings and income and annuity products; and life assurance, pension, and investment products to individuals and small business owners.