Power Co. of Canada (TSE:POW) Price Target Raised to C$60.00

Key Points

• Power Co. of Canada has had its target price raised by Desjardins from C$55.00 to C$60.00, indicating a potential upside of 5.99% from its previous close.
• Other research firms also adjusted their ratings and target prices for Power Co., with TD Securities increasing theirs to C$62.00 while CIBC downgraded the stock to "neutral" with a C$55.00 target.
• The stock's current average rating is "Hold," with an average target price of C$59.25, reflecting mixed analyst sentiment.

Power Co. of Canada (TSE:POW - Free Report) had its price objective hoisted by Desjardins from C$55.00 to C$60.00 in a report issued on Monday,BayStreet.CA reports. They currently have a buy rating on the financial services provider's stock. Desjardins also issued estimates for Power Co. of Canada's Q3 2025 earnings at $1.30 EPS, Q4 2025 earnings at $1.33 EPS, FY2025 earnings at $5.22 EPS and FY2026 earnings at $5.65 EPS.

Several other equities research analysts have also recently commented on POW. TD Securities boosted their price target on Power Co. of Canada from C$56.00 to C$62.00 and gave the company a "buy" rating in a research note on Monday. Royal Bank Of Canada upgraded shares of Power Co. of Canada to a "moderate buy" rating and set a C$57.00 price target on the stock in a report on Wednesday, June 18th. BMO Capital Markets upped their price objective on shares of Power Co. of Canada from C$54.00 to C$58.00 in a report on Thursday, August 7th. CIBC lowered Power Co. of Canada from an "outperform" rating to a "neutral" rating and set a C$55.00 target price on the stock. in a report on Thursday, May 22nd. Finally, Cibc World Mkts cut Power Co. of Canada from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of C$59.25.

Power Co. of Canada Trading Up 0.2%

TSE POW traded up C$0.14 on Monday, reaching C$57.42. The stock had a trading volume of 1,040,122 shares, compared to its average volume of 2,460,140. Power Co. of Canada has a 1 year low of C$38.63 and a 1 year high of C$59.00. The business has a 50 day moving average price of C$54.21 and a 200 day moving average price of C$51.12. The company has a market capitalization of C$36.70 billion, a price-to-earnings ratio of 16.21, a P/E/G ratio of 0.57 and a beta of 1.09.

About Power Co. of Canada

Power Corp. of Canada is a diversified holding company with interests in financial services, communications, and other business sectors through its controlling interests in Power Financial. Power Financial in turn holds controlling interests in Great-West Life (an insurance conglomerate), IGM Financial (Canada's largest nonbank asset manager), and Pargesa (a holding company with interests in European companies).