Power Co. of Canada (TSE:POW - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$49.57 and traded as high as C$55.37. Power Co. of Canada shares last traded at C$54.76, with a volume of 2,288,436 shares.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on the stock. Royal Bank Of Canada raised shares of Power Co. of Canada to a "moderate buy" rating and set a C$57.00 price target for the company in a research report on Wednesday, June 18th. CIBC cut shares of Power Co. of Canada from an "outperform" rating to a "neutral" rating and set a C$55.00 price target for the company. in a research report on Thursday, May 22nd. TD Securities raised their price target on shares of Power Co. of Canada from C$54.00 to C$56.00 and gave the company a "buy" rating in a research report on Thursday, May 22nd. Jefferies Financial Group raised their price target on shares of Power Co. of Canada from C$55.00 to C$56.00 in a research report on Monday, April 21st. Finally, Scotiabank raised their price target on shares of Power Co. of Canada from C$57.00 to C$59.00 in a research report on Wednesday. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of C$55.63.
View Our Latest Report on Power Co. of Canada
Power Co. of Canada Stock Up 0.4%
The stock has a market capitalization of C$35.50 billion, a PE ratio of 15.68, a PEG ratio of 0.57 and a beta of 1.09. The business's 50-day moving average is C$52.69 and its two-hundred day moving average is C$49.73.
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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