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

Power Co. of Canada (OTCMKTS:PWCDF – Get Free Report) has received an average rating of “Hold” from the eight analysts that are currently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

A number of research analysts recently commented on PWCDF shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Power Co. of Canada in a report on Thursday, May 14th. Scotiabank reaffirmed an “outperform” rating on shares of Power Co. of Canada in a report on Tuesday, April 28th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Power Co. of Canada in a report on Tuesday, May 12th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Power Co. of Canada in a report on Wednesday, April 29th. Finally, Desjardins reaffirmed a “buy” rating on shares of Power Co. of Canada in a report on Wednesday, May 13th.

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Power Co. of Canada Stock Performance

Shares of Power Co. of Canada stock opened at $60.24 on Friday. The business has a 50-day moving average price of $54.99 and a 200-day moving average price of $52.02. Power Co. of Canada has a twelve month low of $36.72 and a twelve month high of $60.96.

About Power Co. of Canada

(Get Free Report)

Power Co of Canada is a diversified international management and holding company founded in 1925 and headquartered in Montreal, Quebec. Through its principal subsidiaries, the company builds long-term value by investing in and providing strategic oversight to companies operating primarily in the financial services sector. Power Co maintains a long history of family ownership and stewardship, with former co-CEOs Paul Desmarais Jr. and André Desmarais playing key roles in its development over recent decades.

The company’s main areas of activity encompass life and health insurance, wealth and asset management, and retirement services.

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