Power Co. of Canada (OTCMKTS:PWCDF) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Power Co. of Canada (OTCMKTS:PWCDF) have been given an average rating of “Hold” by the seven analysts that are presently covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company.

A number of research analysts have recently issued reports on the company. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Power Co. of Canada in a research report on Wednesday, April 29th. Scotiabank reiterated an “outperform” rating on shares of Power Co. of Canada in a research report on Tuesday, April 28th.

Power Co. of Canada Trading Up 0.4%

Shares of OTCMKTS:PWCDF opened at $58.10 on Tuesday. Power Co. of Canada has a 1 year low of $34.21 and a 1 year high of $58.32. The business’s 50 day moving average price is $50.60 and its 200-day moving average price is $50.26.

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.