Power Co. of Canada (TSE:POW - Get Free Report) has been given a consensus rating of "Hold" by the nine research firms that are currently covering the stock, MarketBeat.com reports. Five research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$54.13.
A number of equities analysts recently commented on POW shares. BMO Capital Markets raised their price objective on shares of Power Co. of Canada from C$52.00 to C$54.00 in a research note on Thursday, May 22nd. National Bankshares raised their price objective on shares of Power Co. of Canada from C$50.00 to C$55.00 and gave the stock a "sector perform" rating in a research note on Thursday, March 20th. Cfra Research raised shares of Power Co. of Canada to a "hold" rating in a research note on Thursday, March 20th. TD Securities raised their price objective on shares of Power Co. of Canada from C$54.00 to C$56.00 and gave the stock a "buy" rating in a research note on Thursday, May 22nd. Finally, CIBC downgraded shares of Power Co. of Canada from an "outperform" rating to a "neutral" rating and set a C$55.00 target price for the company. in a research report on Thursday, May 22nd.
View Our Latest Research Report on Power Co. of Canada
Power Co. of Canada Price Performance
Power Co. of Canada stock traded up C$0.89 during midday trading on Tuesday, reaching C$52.62. The stock had a trading volume of 3,669,969 shares, compared to its average volume of 2,441,812. The firm's fifty day simple moving average is C$50.49 and its two-hundred day simple moving average is C$47.76. Power Co. of Canada has a twelve month low of C$36.08 and a twelve month high of C$53.19. The firm has a market cap of C$33.63 billion, a price-to-earnings ratio of 14.86, a PEG ratio of 0.57 and a beta of 1.09.
About Power Co. of Canada
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Get Free ReportPower 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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