Power Co. of Canada (TSE:POW – Get Free Report) had its target price lifted by stock analysts at National Bankshares from C$41.00 to C$42.00 in a report released on Thursday, BayStreet.CA reports. National Bankshares’ price target suggests a potential upside of 3.88% from the stock’s current price.
A number of other research firms have also weighed in on POW. Scotiabank increased their target price on Power Co. of Canada from C$44.00 to C$45.00 and gave the stock a “sector perform” rating in a research note on Wednesday, January 31st. Jefferies Financial Group lifted their price objective on shares of Power Co. of Canada from C$43.00 to C$44.00 and gave the company a “buy” rating in a report on Tuesday. TD Securities lowered shares of Power Co. of Canada from a “buy” rating to a “hold” rating and raised their target price for the stock from C$40.00 to C$42.00 in a research report on Friday, March 22nd. Desjardins raised their price target on Power Co. of Canada from C$39.00 to C$40.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. Finally, CIBC lowered their target price on Power Co. of Canada from C$43.00 to C$40.00 and set a “neutral” rating for the company in a report on Friday, April 26th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of C$42.30.
Read Our Latest Report on Power Co. of Canada
Power Co. of Canada Trading Up 2.4 %
Power Co. of Canada (TSE:POW – Get Free Report) last announced its earnings results on Wednesday, March 20th. The financial services provider reported C$0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.00 by C($0.11). Power Co. of Canada had a net margin of 6.89% and a return on equity of 8.94%. The business had revenue of C$21.37 billion for the quarter. As a group, equities analysts anticipate that Power Co. of Canada will post 4.5329341 earnings per share for the current year.
Power Co. of Canada Company Profile
Power Corporation of Canada, an international management and holding company, offers financial services in North America, Europe, and Asia. It operates through Lifeco, IGM Financial, and GBL segments. The company offers life, health and dental, disability, critical illness, and creditor insurance; accidental death and dismemberment; retirement savings and income and annuity products; and life assurance, pension, and investment products to individuals and small business owners.
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