Power Co. of Canada (TSE:POW) Price Target Raised to C$102.00

Power Co. of Canada (TSE:POW – Free Report) had its price target upped by National Bank Financial from C$85.00 to C$102.00 in a research note published on Monday morning,BayStreet.CA reports. They currently have a sector perform rating on the financial services provider’s stock.

Other equities analysts have also recently issued reports about the stock. TD Securities cut shares of Power Co. of Canada from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 14th. Scotia upped their price objective 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. TD downgraded Power Co. of Canada from a “buy” rating to a “hold” rating and raised their price objective for the stock from C$74.00 to C$84.00 in a research note on Thursday, May 14th. Jefferies Financial Group lifted their target price on Power Co. of Canada from C$73.00 to C$90.00 in a report on Thursday, May 14th. Finally, BMO Capital Markets boosted their target price on Power Co. of Canada from C$69.00 to C$79.00 and gave the company a “market perform” rating in a research note on Tuesday, May 12th. Four research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of C$84.90.

Get Power Co. of Canada alerts:

Read Our Latest Stock Analysis on Power Co. of Canada

Power Co. of Canada Stock Down 2.8%

Shares of TSE POW opened at C$90.92 on Monday. Power Co. of Canada has a 12-month low of C$55.36 and a 12-month high of C$93.92. The firm’s 50-day simple moving average is C$87.63 and its 200 day simple moving average is C$76.25. The company has a quick ratio of 107.64, a current ratio of 0.87 and a debt-to-equity ratio of 86.98. The company has a market cap of C$57.30 billion, a price-to-earnings ratio of 21.86, a price-to-earnings-growth ratio of 0.57 and a beta of 0.73.

Power Co. of Canada (TSE:POW – Get Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The financial services provider reported C$1.43 earnings per share for the quarter. The firm had revenue of C$10.96 billion during the quarter. Power Co. of Canada had a net margin of 7.93% and a return on equity of 11.34%. On average, research analysts expect 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.

Further Reading

• Five stocks we like better than Power Co. of Canada
• Why SK hynix Could Be the Best AI Chip Stock to Buy Now
• Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
• Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
• Why Bloom Energy May Be the Most Important AI Infrastructure Stock

Receive News & Ratings for Power Co. of Canada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Power Co. of Canada and related companies with MarketBeat.com's FREE daily email newsletter.