Power Co. of Canada (OTCMKTS:PWCDF – Get Free Report)’s stock price was down 1.7% on Monday . The company traded as low as $62.23 and last traded at $62.51. 166,191 shares were traded during trading, an increase of 142% from the average daily volume of 68,720 shares. The stock had previously closed at $63.58.
Analysts Set New Price Targets
Several research analysts have issued reports on PWCDF shares. Scotiabank reaffirmed an “outperform” rating on shares of Power Co. of Canada in a report on Tuesday, April 28th. Royal Bank Of Canada reissued an “outperform” rating on shares of Power Co. of Canada in a research note on Thursday, May 14th. Desjardins restated a “buy” rating on shares of Power Co. of Canada in a report on Wednesday, May 13th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Power Co. of Canada in a research report on Wednesday, April 29th. Finally, TD Securities downgraded Power Co. of Canada from a “buy” rating to a “hold” rating in a report on Thursday, May 14th. Three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Power Co. of Canada presently has a consensus rating of “Hold”.
Check Out Our Latest Analysis on PWCDF
Power Co. of Canada Stock Down 1.4%
About Power Co. of Canada
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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