Power Co. of Canada (TSE:POW – Get Free Report) had its price target increased by stock analysts at Desjardins from C$81.00 to C$87.00 in a note issued to investors on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the financial services provider’s stock. Desjardins’ price target indicates a potential upside of 8.06% from the stock’s previous close.
Several other analysts also recently commented on POW. Jefferies Financial Group raised their price objective on Power Co. of Canada from C$68.00 to C$73.00 in a research note on Friday, March 20th. Scotiabank raised their price objective on Power Co. of Canada from C$76.00 to C$78.00 and gave the stock an “outperform” rating in a research note on Thursday, February 19th. BMO Capital Markets raised their price objective on Power Co. of Canada from C$69.00 to C$79.00 and gave the stock a “market perform” rating in a research note on Tuesday. TD Securities raised Power Co. of Canada from a “hold” rating to a “buy” rating and set a C$74.00 price objective on the stock in a research note on Friday, March 20th. Finally, TD cut shares of Power Co. of Canada from a “buy” rating to a “hold” rating and upped their price target for the company from C$74.00 to C$84.00 in a report on Thursday. Five investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$83.10.
Check Out Our Latest Analysis on POW
Power Co. of Canada Trading Up 1.7%
Power Co. of Canada (TSE:POW – Get Free Report) last posted its earnings results on Tuesday, May 12th. The financial services provider reported C$1.43 earnings per share (EPS) for the quarter. The company had revenue of C$10.96 billion during the quarter. Power Co. of Canada had a return on equity of 10.81% and a net margin of 6.98%. As a group, sell-side analysts expect that Power Co. of Canada will post 4.9289678 earnings per share for the current fiscal year.
Key Stories Impacting Power Co. of Canada
Here are the key news stories impacting Power Co. of Canada this week:
- Positive Sentiment: National Bank Financial raised its price target on Power Co. of Canada (TSE: POW) to C$85 from C$77, while maintaining a sector perform rating, signaling improved upside expectations for the stock. Power Co. of Canada (TSE:POW) Given New C$85.00 Price Target at National Bank Financial
- Positive Sentiment: BMO Capital Markets also turned more constructive, issuing a positive outlook and previously lifting its target to C$79, which reinforced bullish analyst momentum around the name. BMO Capital Markets Issues Positive Forecast for Power Co. of Canada (TSE:POW) Stock Price
- Positive Sentiment: The company’s Q1 2026 results showed C$1.43 EPS on C$10.96 billion in revenue, with a 6.98% net margin and 10.81% return on equity, giving investors fresh evidence of profitability and operational stability. Power Co. of Canada earnings report
- Neutral Sentiment: Power Corporation’s preferred shares also declared dividends this week, including several monthly/quarterly payouts, which supports the company’s income-oriented appeal but is not a major new catalyst for the common stock. Q1 2026 Earnings Call Transcript
- Neutral Sentiment: Investor attention is also on the shareholder/analyst call remarks and transcript, which may provide more detail on strategy and outlook but do not appear to include a major surprise on their own. Shareholder/Analyst Call Prepared Remarks Transcript
About Power Co. of Canada
Power Corp. of Canada is a diversified holding company with interests in financial services, communications, and other business sectors through its controlling interests in Power Financial. Power Financial in turn holds controlling interests in Great-West Life (an insurance conglomerate), IGM Financial (Canada’s largest nonbank asset manager), and Pargesa (a holding company with interests in European companies). Power Corp. bought out the remaining shares of Power Financial in February 2020.
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