Power Co. of Canada (OTCMKTS:PWCDF – Get Free Report) traded down 1.7% on Monday . The stock traded as low as $62.23 and last traded at $62.51. 166,191 shares changed hands during trading, an increase of 142% from the average session volume of 68,720 shares. The stock had previously closed at $63.58.
Analyst Upgrades and Downgrades
Several analysts have issued reports on PWCDF shares. TD Securities lowered Power Co. of Canada from a “buy” rating to a “hold” rating in a report on Thursday, May 14th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Power Co. of Canada in a research note on Thursday, May 14th. BMO Capital Markets reiterated a “market perform” rating on shares of Power Co. of Canada in a research note on Tuesday, May 12th. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Power Co. of Canada in a report on Wednesday, April 29th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Power Co. of Canada in a report on Tuesday, April 28th. Three analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.
Check Out Our Latest Analysis on PWCDF
Power Co. of Canada Price Performance
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.
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