Power Co. of Canada (TSE:POW - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$48.08 and traded as high as C$52.00. Power Co. of Canada shares last traded at C$51.39, with a volume of 2,861,514 shares changing hands.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on the stock. 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. Cibc World Mkts cut Power Co. of Canada from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 22nd. TD Securities raised their price objective on Power Co. of Canada from C$54.00 to C$56.00 and gave the company a "buy" rating in a report on Thursday, May 22nd. Cfra Research upgraded Power Co. of Canada to a "hold" rating in a research report on Thursday, March 20th. Finally, BMO Capital Markets increased their price objective on shares of Power Co. of Canada from C$52.00 to C$54.00 in a report on Thursday, May 22nd. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of C$54.13.
Get Our Latest Stock Analysis on Power Co. of Canada
Power Co. of Canada Stock Up 1.3%
The company has a market capitalization of C$33.28 billion, a PE ratio of 14.70, a price-to-earnings-growth ratio of 0.57 and a beta of 1.09. The firm has a 50-day moving average of C$50.58 and a two-hundred day moving average of C$48.08.
Power Co. of Canada Company Profile
(
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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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