Power Co. of Canada (TSE:POW) had its target price increased by investment analysts at Desjardins from C$34.00 to C$35.00 in a note issued to investors on Monday. Desjardins’ target price indicates a potential upside of 6.67% from the company’s previous close.

Other analysts also recently issued reports about the stock. Barclays raised their price objective on shares of Power Co. of Canada from C$33.00 to C$35.00 in a research report on Tuesday, November 7th. BMO Capital Markets raised their target price on shares of Power Co. of Canada from C$35.00 to C$36.00 in a research note on Monday, November 13th. Finally, Royal Bank Of Canada raised their target price on shares of Power Co. of Canada from C$34.00 to C$36.00 and gave the company a “sector perform” rating in a research note on Monday, November 13th.

Shares of Power Co. of Canada (TSE POW) traded up C$0.12 during mid-day trading on Monday, hitting C$32.81. 642,453 shares of the stock traded hands, compared to its average volume of 765,565. Power Co. of Canada has a 12-month low of C$28.40 and a 12-month high of C$33.69.

In other Power Co. of Canada news, insider St├ęphane Lemay sold 1,460 shares of Power Co. of Canada stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of C$32.96, for a total value of C$48,121.60. Insiders have sold 50,044 shares of company stock valued at $1,604,508 over the last ninety days.

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About Power Co. of Canada

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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