Power Co. of Canada (TSE:POW) Stock Has Consensus Price Target of C$86.60 According to Analysts

Shares of Power Co. of Canada (TSE:POW) have been assigned an average rating of “Moderate Buy” from the ten research firms that are covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is C$86.60.

POW has been the subject of several analyst reports. TD raised their price target 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 upgraded shares of Power Co. of Canada from a “hold” rating to a “strong-buy” rating in a research report 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 report on Monday, July 27th. Finally, Royal Bank Of Canada upped their price target on shares of Power Co. of Canada from C$86.00 to C$87.00 and gave the stock an “outperform” rating in a report on Monday, July 13th.

Power Co. of Canada Trading Up 3.2%

Shares of POW opened at C$93.54 on Friday. Power Co. of Canada has a twelve month low of C$60.51 and a twelve month high of C$97.66. The stock has a market cap of C$58.72 billion, a PE ratio of 23.04, a P/E/G ratio of 0.57 and a beta of 0.62. The company has a quick ratio of 107.64, a current ratio of 0.71 and a debt-to-equity ratio of 87.52. The business’s 50-day moving average price is C$92.43 and its 200-day moving average price is C$86.16.

Power Co. of Canada (TSE:POW) last released its quarterly earnings data on Thursday, July 30th. The financial services provider reported C$1.55 EPS for the quarter. The company had revenue of C$11.70 billion during the quarter. Power Co. of Canada had a net margin of 7.72% and a return on equity of 10.91%. On average, equities analysts forecast that Power Co. of Canada will post 4.93 EPS for the current fiscal year.

Power Co. of Canada Company Profile

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.