Scotia Boosts Power Co. of Canada (TSE:POW) Price Target to C$90.00

Power Co. of Canada (TSE:POW) had its price objective hoisted by Scotia from C$79.00 to C$90.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The brokerage currently has a “sector outperform” rating on the financial services provider’s stock. Scotia’s target price suggests a potential upside of 12.84% from the company’s previous close.

Several other equities analysts also recently weighed in on POW. Desjardins lifted their price target on shares of Power Co. of Canada from C$81.00 to C$87.00 and gave the company a “buy” rating in a report on Thursday. Scotiabank lifted their price target on shares of Power Co. of Canada from C$76.00 to C$78.00 and gave the company an “outperform” rating in a report on Thursday, February 19th. National Bank Financial lifted their price target on shares of Power Co. of Canada from C$77.00 to C$85.00 and gave the company a “sector perform” rating in a report on Wednesday. Canadian Imperial Bank of Commerce lifted their price target on shares of Power Co. of Canada from C$75.00 to C$78.00 and gave the company a “hold” rating in a report on Friday, March 20th. Finally, Royal Bank Of Canada lifted their price target on shares of Power Co. of Canada from C$73.00 to C$86.00 and gave the company an “outperform” rating in a report on Thursday. Four analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of C$83.10.

Power Co. of Canada Stock Performance

Shares of TSE POW opened at C$79.76 on Thursday. The firm has a 50 day moving average of C$70.84 and a 200 day moving average of C$70.01. The company has a current ratio of 1.44, a quick ratio of 107.64 and a debt-to-equity ratio of 105.91. The firm has a market capitalization of C$50.26 billion, a price-to-earnings ratio of 19.17, a price-to-earnings-growth ratio of 0.57 and a beta of 0.71. Power Co. of Canada has a 12-month low of C$49.76 and a 12-month high of C$80.88.

Power Co. of Canada (TSE:POW) last announced 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 net margin of 6.98% and a return on equity of 10.81%. On average, research analysts anticipate that Power Co. of Canada will post 4.9289678 earnings per share for the current year.

More Power Co. of Canada News

Here are the key news stories impacting Power Co. of Canada this week:

• Positive Sentiment: Jefferies Financial Group raised its price target on Power Co. of Canada to C$90.00, signaling confidence in further upside. Power Co. of Canada (TSE:POW) Given New C$90.00 Price Target at Jefferies Financial Group
• Positive Sentiment: Scotia issued a positive forecast and lifted its target to C$90.00, keeping a sector outperform view on POW. Scotia Issues Positive Forecast for Power Co. of Canada (TSE:POW) Stock Price
• Positive Sentiment: Desjardins also turned more constructive, raising its price target to C$87.00 and maintaining a buy rating. Desjardins Issues Positive Forecast for Power Co. of Canada (TSE:POW) Stock Price
• Positive Sentiment: Royal Bank of Canada increased its target to C$86.00 and reiterated an outperform stance, adding to the upbeat analyst momentum. Power Co. of Canada (TSE:POW) Price Target Raised to C$86.00 at Royal Bank Of Canada
• Neutral Sentiment: Power Co. of Canada released its Q1 2026 earnings call transcript and shareholder/analyst call remarks, which may provide additional color but did not include a clear market-moving surprise in the headlines provided. Power Corporation of Canada (POW:CA) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: A dividend declaration for a preferred share series was announced, which is usually routine and likely limited in impact on the common stock. Power Corporation of Canada PFD 1st C 5.80 declares CAD0.3625 dividend
• Negative Sentiment: TD Securities downgraded Power Co. of Canada from strong-buy to hold, which may be weighing on sentiment despite its higher target price. Power Co. of Canada was downgraded by TD Securities from strong-buy to hold

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.