Power Co. of Canada (OTCMKTS:PWCDF) Given Average Rating of “Hold” by Brokerages

Shares of Power Co. of Canada (OTCMKTS:PWCDF) have been assigned an average recommendation of “Hold” from the six brokerages that are covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

A number of research analysts recently issued reports on PWCDF shares. Scotiabank reiterated an “outperform” rating on shares of Power Co. of Canada in a report on Tuesday, October 28th. National Bankshares reiterated a “sector perform” rating on shares of Power Co. of Canada in a report on Monday, October 27th.

Power Co. of Canada Stock Performance

Power Co. of Canada stock opened at $52.81 on Thursday. Power Co. of Canada has a 1 year low of $29.14 and a 1 year high of $56.10. The business has a 50-day moving average of $51.34 and a 200-day moving average of $45.25.

Power Co. of Canada Company Profile

Power Co of Canada is a diversified international management and holding company founded in 1925 and headquartered in Montreal, Quebec. Through its principal subsidiaries, the company builds long-term value by investing in and providing strategic oversight to companies operating primarily in the financial services sector. Power Co maintains a long history of family ownership and stewardship, with former co-CEOs Paul Desmarais Jr. and André Desmarais playing key roles in its development over recent decades.

The company’s main areas of activity encompass life and health insurance, wealth and asset management, and retirement services.