Power Co. of Canada (TSE:POW) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Power Co. of Canada (TSE:POWGet Free Report) have received a consensus recommendation of “Moderate Buy” from the ten brokerages that are covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is C$54.13.

A number of equities analysts have recently weighed in on POW shares. Cfra Research raised shares of Power Co. of Canada to a “hold” rating in a research report on Thursday, March 20th. Jefferies Financial Group lifted their target price on Power Co. of Canada from C$54.00 to C$55.00 in a report on Thursday, March 20th. Desjardins increased their price target on Power Co. of Canada from C$49.00 to C$53.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th. BMO Capital Markets raised their price target on Power Co. of Canada from C$49.00 to C$52.00 in a research report on Friday, March 14th. Finally, National Bankshares boosted their price objective on Power Co. of Canada from C$50.00 to C$55.00 and gave the company a “sector perform” rating in a research report on Thursday, March 20th.

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Power Co. of Canada Stock Performance

Shares of TSE POW opened at C$50.78 on Monday. Power Co. of Canada has a 52-week low of C$35.83 and a 52-week high of C$52.09. The firm has a market capitalization of C$32.46 billion, a PE ratio of 14.34, a P/E/G ratio of 0.57 and a beta of 1.09. The firm’s 50 day moving average price is C$48.31.

About Power Co. of Canada

(Get Free Report

Power Corporation of Canada, an international management and holding company, offers financial services in North America, Europe, and Asia. It operates through Lifeco, IGM Financial, and GBL segments. The company offers life, health and dental, disability, critical illness, and creditor insurance; accidental death and dismemberment; retirement savings and income and annuity products; and life assurance, pension, and investment products to individuals and small business owners.

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Analyst Recommendations for Power Co. of Canada (TSE:POW)

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