Power Co. of Canada (TSE:POW - Get Free Report)'s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$46.23 and traded as high as C$48.92. Power Co. of Canada shares last traded at C$48.46, with a volume of 4,608,423 shares traded.
Analyst Ratings Changes
A number of research analysts recently issued reports on POW shares. Cfra Research raised shares of Power Co. of Canada to a "hold" rating in a research note on Thursday, March 20th. TD Securities lifted their price target on Power Co. of Canada from C$53.00 to C$54.00 and gave the company a "buy" rating in a research note on Thursday, March 20th. BMO Capital Markets upped their price objective on Power Co. of Canada from C$49.00 to C$52.00 in a research report on Friday, March 14th. Desjardins lifted their target price on Power Co. of Canada from C$49.00 to C$53.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. Finally, CIBC raised Power Co. of Canada from a "neutral" rating to an "outperform" rating and boosted their target price for the stock from C$48.00 to C$55.00 in a research note on Friday, February 7th. Four investment 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 stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of C$54.13.
Read Our Latest Stock Analysis on POW
Power Co. of Canada Stock Down 1.0 %
The stock has a 50 day moving average price of C$49.28 and a 200 day moving average price of C$46.42. The stock has a market capitalization of C$31.77 billion, a price-to-earnings ratio of 14.03, a price-to-earnings-growth ratio of 0.57 and a beta of 1.09.
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.
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