Power Co. of Canada (TSE:POW) Receives C$86.60 Consensus Price Target from Brokerages

Power Co. of Canada (TSE:POW) has earned a consensus rating of “Moderate Buy” from the ten brokerages that are covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$86.60.

Several research firms have recently issued reports on POW. TD lifted their target price on shares of Power Co. of Canada from C$84.00 to C$101.00 and gave the company a “hold” rating in a report on Friday, July 31st. Jefferies Financial Group raised Power Co. of Canada from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 31st. National Bank Financial upped their price target on shares of Power Co. of Canada from C$85.00 to C$102.00 and gave the stock a “sector perform” rating in a research note on Monday, July 27th. Finally, Royal Bank Of Canada increased their price objective on shares of Power Co. of Canada from C$86.00 to C$87.00 and gave the company an “outperform” rating in a research report on Monday, July 13th.

Power Co. of Canada Price Performance

POW stock opened at C$94.56 on Monday. Power Co. of Canada has a 1 year low of C$57.29 and a 1 year high of C$97.66. The company has a market cap of C$59.36 billion, a P/E ratio of 23.29, a PEG ratio of 0.57 and a beta of 0.65. The firm has a 50-day moving average of C$93.03 and a 200 day moving average of C$82.82. The company has a debt-to-equity ratio of 87.52, a current ratio of 0.71 and a quick ratio of 107.64.

Power Co. of Canada (TSE:POW) last released its quarterly earnings results on Thursday, July 30th. The financial services provider reported C$1.55 earnings per share for the quarter. The company had revenue of C$11.70 billion for the quarter. Power Co. of Canada had a return on equity of 10.91% and a net margin of 7.72%. On average, sell-side analysts forecast that Power Co. of Canada will post 4.9289678 EPS for the current year.

About Power Co. of Canada

Power Corporation is an international management and holding company that focuses on financial services in North America, Europe and Asia. Its core holdings are leading insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms.