Power Co. of Canada (TSE:POW) Receives Average Rating of “Hold” from Analysts

Shares of Power Co. of Canada (TSE:POW) have received an average rating of “Hold” from the ten brokerages that are covering the stock, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is C$84.90.

A number of research analysts have commented on the company. Jefferies Financial Group upped their price target on Power Co. of Canada from C$73.00 to C$90.00 in a research note on Thursday, May 14th. Royal Bank Of Canada upped their target price on shares of Power Co. of Canada from C$86.00 to C$87.00 and gave the stock an “outperform” rating in a research note on Monday, July 13th. Scotia lifted their price target on shares of Power Co. of Canada from C$79.00 to C$90.00 and gave the stock a “sector outperform” rating in a research note on Thursday, May 14th. National Bank Financial lifted their price target on 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. Finally, BMO Capital Markets upped their target price on shares of Power Co. of Canada from C$69.00 to C$79.00 and gave the company a “market perform” rating in a report on Tuesday, May 12th.

Power Co. of Canada Price Performance

Shares of POW stock opened at C$92.62 on Friday. The company has a market capitalization of C$58.37 billion, a PE ratio of 22.26, a price-to-earnings-growth ratio of 0.57 and a beta of 0.73. The company has a debt-to-equity ratio of 86.98, a current ratio of 0.87 and a quick ratio of 107.64. The firm’s 50-day moving average is C$87.84 and its two-hundred day moving average is C$76.39. Power Co. of Canada has a 12 month low of C$55.36 and a 12 month high of C$93.92.

Power Co. of Canada (TSE:POW) last posted its earnings results on Thursday, July 30th. The financial services provider reported C$1.55 earnings per share (EPS) for the quarter. The company had revenue of C$11.70 billion during the quarter. Power Co. of Canada had a return on equity of 11.34% and a net margin of 7.93%. Analysts predict that Power Co. of Canada will post 4.9289678 earnings per share for the current 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.