Power Co. of Canada (TSE:POW) Receives C$86.60 Average Price Target from Analysts

Shares of Power Co. of Canada (TSE:POW – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the ten ratings firms that are currently covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$86.60.

Several research firms have recently issued reports on POW. TD Securities downgraded Power Co. of Canada from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 14th. Royal Bank Of Canada lifted their target price on shares of Power Co. of Canada from C$86.00 to C$87.00 and gave the stock an “outperform” rating in a research report on Monday, July 13th. TD boosted their target price on shares of Power Co. of Canada from C$84.00 to C$101.00 and gave the stock a “hold” rating in a report on Friday, July 31st. BMO Capital Markets upped their price target on shares of Power Co. of Canada from C$69.00 to C$79.00 and gave the company a “market perform” rating in a research report on Tuesday, May 12th. Finally, Scotia upped their price target on shares of Power Co. of Canada from C$79.00 to C$90.00 and gave the company a “sector outperform” rating in a research report on Thursday, May 14th.

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Power Co. of Canada Price Performance

Shares of POW opened at C$91.96 on Thursday. Power Co. of Canada has a 12-month low of C$57.10 and a 12-month high of C$97.66. The business has a 50-day simple moving average of C$91.52 and a two-hundred day simple moving average of C$79.55. The company has a quick ratio of 107.64, a current ratio of 0.71 and a debt-to-equity ratio of 87.52. The stock has a market cap of C$57.73 billion, a PE ratio of 22.65, a PEG ratio of 0.57 and a beta of 0.73.

Power Co. of Canada (TSE:POW – Get Free Report) last posted its earnings results on Thursday, July 30th. The financial services provider reported C$1.55 EPS for the quarter. Power Co. of Canada had a return on equity of 10.91% and a net margin of 7.72%.The firm had revenue of C$11.70 billion during the quarter. Analysts anticipate that Power Co. of Canada will post 4.9289678 earnings per share for the current fiscal year.

About Power Co. of Canada

(Get Free Report)

Power Corporation is an international management and holding company that focuses on financial services in North America, Europe and Asia. Its core holdings are leading insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms.

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