Power Co. of Canada (TSE:POW – Get Free Report) had its price objective increased by analysts at Desjardins from C$102.00 to C$104.00 in a research note issued on Tuesday, BayStreet reports. The firm currently has a “buy” rating on the financial services provider’s stock. Desjardins‘s price objective suggests a potential upside of 8.64% from the company’s current price.
A number of other research analysts also recently commented on the company. TD boosted their target price on Power Co. of Canada from C$84.00 to C$101.00 and gave the company a “hold” rating in a research note on Friday, July 31st. Royal Bank Of Canada raised their price target on Power Co. of Canada from C$86.00 to C$87.00 and gave the stock an “outperform” rating in a research note on Monday, July 13th. National Bank Financial lifted their price target on Power Co. of Canada from C$85.00 to C$102.00 and gave the company a “sector perform” rating in a report on Monday, July 27th. Finally, Jefferies Financial Group raised Power Co. of Canada from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$88.30.
Get Our Latest Stock Analysis on POW
Power Co. of Canada Stock Up 0.1%
Shares of TSE POW traded up C$0.08 during mid-day trading on Tuesday, reaching C$95.73. The company had a trading volume of 294,549 shares, compared to its average volume of 2,204,491. The company has a debt-to-equity ratio of 87.52, a quick ratio of 107.64 and a current ratio of 0.71. Power Co. of Canada has a twelve month low of C$62.50 and a twelve month high of C$98.49. The stock’s 50 day moving average is C$92.65 and its 200-day moving average is C$81.88. The stock has a market capitalization of C$60.09 billion, a PE ratio of 23.58, a price-to-earnings-growth ratio of 0.57 and a beta of 0.62.
About Power Co. of Canada
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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