Power Co. of Canada (POW) PT Raised to C$32.00 at RBC Capital Markets
Power Co. of Canada (TSE:POW) had its price objective boosted by stock analysts at RBC Capital Markets from C$30.00 to C$32.00 in a note issued to investors on Monday. The firm currently has a “sector perform” rating on the stock. RBC Capital Markets’ target price indicates a potential upside of 8.84% from the company’s current price.
POW has been the topic of a number of other reports. Scotiabank lowered their target price on shares of Power Co. of Canada from C$33.50 to C$32.00 and set a “sector perform” rating on the stock in a report on Monday, August 8th. Barclays PLC lowered their target price on shares of Power Co. of Canada from C$32.00 to C$30.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 3rd. Desjardins lowered their target price on shares of Power Co. of Canada from C$33.00 to C$32.00 in a report on Monday, August 8th. Finally, BMO Capital Markets lowered their target price on shares of Power Co. of Canada from C$34.00 to C$31.00 and set an “outperform” rating on the stock in a report on Saturday, August 6th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Power Co. of Canada has an average rating of “Hold” and a consensus target price of C$32.00.
Shares of Power Co. of Canada (TSE:POW) opened at 29.40 on Monday. The firm has a 50-day moving average of $28.54 and a 200-day moving average of $28.29. Power Co. of Canada has a one year low of $26.25 and a one year high of $31.83. The company has a market capitalization of $13.62 billion and a P/E ratio of 12.02.
Power Co. of Canada Company Profile
Power Corporation of Canada is a diversified management and holding company. The Company has interest in the financial services, renewable energy, communications and other business sectors. Its principal asset is the controlling interest in Power Financial Corporation (Power Financial). Its segments are Great-West Lifeco Inc (Lifeco), IGM Financial Inc (IGM) and Pargesa Holding SA (Pargesa).
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