Power Co. of Canada (OTCMKTS:PWCDF) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Power Co. of Canada (OTCMKTS:PWCDF) have earned an average recommendation of “Moderate Buy” from the eight research firms that are presently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.

Several research firms recently issued reports on PWCDF. Scotiabank reaffirmed an “outperform” rating on shares of Power Co. of Canada in a research report on Friday, July 24th. Desjardins reissued a “buy” rating on shares of Power Co. of Canada in a report on Wednesday, May 13th. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Power Co. of Canada in a research note on Wednesday, April 29th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Power Co. of Canada in a report on Friday, July 31st. Finally, Jefferies Financial Group raised Power Co. of Canada from a “hold” rating to a “buy” rating in a research report on Friday, July 31st.

Power Co. of Canada Trading Up 1.0%

OTCMKTS:PWCDF opened at $67.55 on Thursday. The company’s 50 day moving average price is $63.99 and its 200-day moving average price is $56.15. Power Co. of Canada has a 52 week low of $40.50 and a 52 week high of $70.74.

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.