Power Financial Corp (TSE:PWF) has been assigned a C$35.00 price target by equities research analysts at Scotiabank in a report issued on Monday. The firm currently has a an “outperform” rating on the stock. Scotiabank’s price target would indicate a potential upside of 7.03% from the company’s current price.

Other research analysts have also issued reports about the stock. CIBC reduced their target price on shares of Power Financial Corp from C$37.00 to C$36.00 in a research note on Monday. Barclays PLC reduced their target price on shares of Power Financial Corp from C$33.00 to C$32.00 in a research note on Tuesday, August 9th. RBC Capital Markets boosted their target price on shares of Power Financial Corp from C$32.00 to C$34.00 and gave the company a “sector perform” rating in a research note on Monday. Desjardins reduced their target price on shares of Power Financial Corp from C$37.00 to C$36.00 in a research note on Monday, August 8th. Finally, BMO Capital Markets reduced their target price on shares of Power Financial Corp from C$36.00 to C$33.00 and set a “market perform” rating for the company in a research note on Saturday, August 6th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Power Financial Corp currently has a consensus rating of “Hold” and a consensus target price of C$34.43.

Analyst Recommendations for Power Financial Corp (TSE:PWF)

Power Financial Corp (TSE:PWF) opened at 32.70 on Monday. Power Financial Corp has a one year low of $28.84 and a one year high of $34.25. The firm has a 50-day moving average of $31.31 and a 200-day moving average of $30.76. The stock has a market capitalization of $23.32 billion and a PE ratio of 12.33.

About Power Financial Corp

Power Financial Corporation is a diversified management and holding company. The Company has operations in the financial services sector in Canada, the United States and Europe, through its controlling interests in Great- West Lifeco Inc (Lifeco) and IGM Financial Inc (IGM). It operates through three segments: Lifeco, IGM and Pargesa Holding SA (Pargesa).

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