Power Co. of Canada (TSE:POW - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$47.22 and traded as high as C$51.15. Power Co. of Canada shares last traded at C$50.40, with a volume of 1,319,270 shares changing hands.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on POW. BMO Capital Markets boosted their price target on Power Co. of Canada from C$52.00 to C$54.00 in a research report on Tuesday, May 13th. Jefferies Financial Group boosted their price target on Power Co. of Canada from C$55.00 to C$56.00 in a research report on Monday, April 21st. National Bankshares boosted their price target on Power Co. of Canada from C$50.00 to C$55.00 and gave the stock a "sector perform" rating in a research report on Thursday, March 20th. Cibc World Mkts raised Power Co. of Canada from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 7th. Finally, Cfra Research raised Power Co. of Canada to a "hold" rating in a research report on Thursday, March 20th. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of C$54.38.
Check Out Our Latest Stock Analysis on Power Co. of Canada
Power Co. of Canada Stock Up 0.2%
The company has a market cap of C$31.95 billion, a PE ratio of 14.12, a P/E/G ratio of 0.57 and a beta of 1.09. The business has a 50-day simple moving average of C$50.15 and a 200-day simple moving average of C$47.37.
About Power Co. of Canada
(
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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.
Further Reading
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