Brokerages Set Power Co. of Canada (TSE:POW) PT at C$83.20

Power Co. of Canada (TSE:POW) has been assigned a consensus recommendation of “Hold” from the ten analysts that are covering the company, MarketBeat reports. Six equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is C$84.90.

POW has been the subject of several analyst reports. Jefferies Financial Group boosted their target price on Power Co. of Canada from C$73.00 to C$90.00 in a research report on Thursday, May 14th. TD Securities lowered shares of Power Co. of Canada from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 14th. Royal Bank Of Canada boosted their price objective on shares of Power Co. of Canada from C$86.00 to C$87.00 and gave the company an “outperform” rating in a report on Monday, July 13th. Desjardins boosted their price objective on shares of Power Co. of Canada from C$81.00 to C$87.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Finally, BMO Capital Markets upped their target price on shares of Power Co. of Canada from C$69.00 to C$79.00 and gave the company a “market perform” rating in a research note on Tuesday, May 12th.

Power Co. of Canada Stock Up 0.9%

Shares of Power Co. of Canada stock opened at C$93.56 on Friday. The company has a quick ratio of 107.64, a current ratio of 0.87 and a debt-to-equity ratio of 86.98. Power Co. of Canada has a 12 month low of C$55.35 and a 12 month high of C$93.92. The business has a fifty day simple moving average of C$87.45 and a 200 day simple moving average of C$76.12. The stock has a market cap of C$58.96 billion, a PE ratio of 22.49, a price-to-earnings-growth ratio of 0.57 and a beta of 0.73.

Power Co. of Canada (TSE:POW) last released its earnings results on Tuesday, May 12th. The financial services provider reported C$1.43 earnings per share for the quarter. Power Co. of Canada had a return on equity of 11.34% and a net margin of 7.93%.The firm had revenue of C$10.96 billion for the quarter. Research analysts predict that Power Co. of Canada will post 4.9289678 EPS for the current year.

Power Co. of Canada Company Profile

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.