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Desjardins Cuts Earnings Estimates for Power Co. of Canada

Power Co. of Canada logo with Financial Services background

Power Co. of Canada (TSE:POW - Free Report) - Equities research analysts at Desjardins reduced their Q2 2025 earnings estimates for Power Co. of Canada in a research note issued to investors on Thursday, May 1st. Desjardins analyst D. Young now expects that the financial services provider will post earnings of $1.27 per share for the quarter, down from their prior forecast of $1.30. Desjardins currently has a "Buy" rating and a $53.00 target price on the stock. The consensus estimate for Power Co. of Canada's current full-year earnings is $4.93 per share. Desjardins also issued estimates for Power Co. of Canada's Q3 2025 earnings at $1.27 EPS and Q4 2025 earnings at $1.31 EPS.

Other research analysts have also issued research reports about the company. CIBC raised Power Co. of Canada from a "neutral" rating to an "outperform" rating and upped their price objective for the stock from C$48.00 to C$55.00 in a report on Friday, February 7th. Scotiabank decreased their price objective on shares of Power Co. of Canada from C$62.00 to C$61.00 and set an "outperform" rating on the stock in a report on Thursday, April 24th. Cfra Research raised shares of Power Co. of Canada to a "hold" rating in a report on Thursday, March 20th. National Bankshares lifted their price target on shares of 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. Finally, Cibc World Mkts raised Power Co. of Canada from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 7th. Four equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Power Co. of Canada currently has a consensus rating of "Moderate Buy" and an average target price of C$54.13.

Check Out Our Latest Stock Report on POW

Power Co. of Canada Trading Down 0.4 %

TSE POW opened at C$51.35 on Monday. The business's 50 day moving average is C$49.92 and its two-hundred day moving average is C$46.94. The stock has a market capitalization of C$32.82 billion, a price-to-earnings ratio of 14.50, a PEG ratio of 0.57 and a beta of 1.09. Power Co. of Canada has a 12-month low of C$36.08 and a 12-month high of C$52.31.

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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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