Power Co. of Canada (TSE:POW) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Power Co. of Canada currently has a consensus analyst rating of "Hold" from 10 brokerages, with six hold ratings and four buy ratings. The average 12-month target price is C$83.20.
• Several analysts recently raised their price targets, including RBC to C$87, Scotia to C$90, and Jefferies to C$90, while TD Securities downgraded the stock to hold.
• The stock was up 1.7% and opened at C$92.90, near its 52-week high of C$93.78. The company reported quarterly EPS of C$1.43 on revenue of C$10.96 billion.

Power Co. of Canada (TSE:POW - Get Free Report) has earned an average rating of "Hold" from the ten brokerages that are currently covering the stock, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is C$83.20.

A number of research analysts recently issued reports on the stock. TD Securities cut shares of Power Co. of Canada from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 14th. TD lowered shares of Power Co. of Canada from a "buy" rating to a "hold" rating and increased their target price for the stock from C$74.00 to C$84.00 in a report on Thursday, May 14th. Royal Bank Of Canada lifted their price target on shares of Power Co. of Canada from C$86.00 to C$87.00 and gave the stock an "outperform" rating in a research report on Monday, July 13th. Scotia boosted their price target 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 report on Thursday, May 14th. Finally, Jefferies Financial Group upped their price objective on shares of Power Co. of Canada from C$73.00 to C$90.00 in a research report on Thursday, May 14th.

Power Co. of Canada Stock Up 1.7%

POW opened at C$92.90 on Friday. The firm's 50-day simple moving average is C$86.94 and its 200-day simple moving average is C$75.83. The company has a debt-to-equity ratio of 86.98, a quick ratio of 107.64 and a current ratio of 0.87. Power Co. of Canada has a twelve month low of C$54.77 and a twelve month high of C$93.78. The firm has a market cap of C$58.54 billion, a price-to-earnings ratio of 22.33, a PEG ratio of 0.57 and a beta of 0.73.

Power Co. of Canada (TSE:POW - Get Free Report) last announced its earnings results on Tuesday, May 12th. The financial services provider reported C$1.43 earnings per share (EPS) for the quarter. The company had revenue of C$10.96 billion for the quarter. Power Co. of Canada had a net margin of 7.93% and a return on equity of 11.34%. Equities research analysts anticipate that Power Co. of Canada will post 4.9289678 EPS for the current fiscal year.

Power Co. of Canada Company Profile

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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