Power Co. of Canada (TSE:POW) Stock Has Average Price Target of C$86.60 According to Brokerages

by · The Cerbat Gem

Shares of Power Co. of Canada (TSE:POW – Get Free Report) have received an average rating of “Moderate Buy” from the ten research firms that are currently covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$86.60.

A number of analysts have recently weighed in on the company. Royal Bank Of Canada increased their price target on Power Co. of Canada from C$86.00 to C$87.00 and gave the stock an “outperform” rating in a research report on Monday, July 13th. National Bank Financial raised their price target on Power Co. of Canada from C$85.00 to C$102.00 and gave the stock a “sector perform” rating in a report on Monday, July 27th. Jefferies Financial Group upgraded Power Co. of Canada from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 31st. Finally, TD upped their price objective on Power Co. of Canada from C$84.00 to C$101.00 and gave the stock a “hold” rating in a research note on Friday, July 31st.

View Our Latest Analysis on Power Co. of Canada

Power Co. of Canada Price Performance

POW opened at C$90.42 on Friday. The company has a quick ratio of 107.64, a current ratio of 0.71 and a debt-to-equity ratio of 87.52. The company’s 50-day moving average price is C$92.52 and its 200 day moving average price is C$85.80. Power Co. of Canada has a fifty-two week low of C$60.51 and a fifty-two week high of C$97.66. The firm has a market cap of C$56.76 billion, a price-to-earnings ratio of 22.27, a price-to-earnings-growth ratio of 0.57 and a beta of 0.62.

Power Co. of Canada (TSE:POW – Get Free Report) last issued its earnings results on Thursday, July 30th. The financial services provider reported C$1.55 EPS for the quarter. Power Co. of Canada had a return on equity of 10.91% and a net margin of 7.72%. The company had revenue of C$11.70 billion during the quarter. As a group, sell-side analysts expect that Power Co. of Canada will post 4.93 earnings per share for the current year.

Power Co. of Canada Company Profile

(Get Free Report)

Power Corporation is an international management and holding company that focuses on financial services in North America, Europe and Asia. Its core holdings are leading insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms.

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