Desjardins Predicts Higher Earnings for Power Co. of Canada

Power Co. of Canada (TSE:POW) – Equities researchers at Desjardins raised their FY2025 earnings per share estimates for shares of Power Co. of Canada in a research report issued on Thursday, November 13th. Desjardins analyst D. Young now forecasts that the financial services provider will post earnings of $5.34 per share for the year, up from their prior estimate of $5.32. Desjardins currently has a “Buy” rating and a $65.00 price target on the stock. The consensus estimate for Power Co. of Canada’s current full-year earnings is $4.93 per share. Desjardins also issued estimates for Power Co. of Canada’s FY2026 earnings at $5.90 EPS and FY2027 earnings at $6.40 EPS.

A number of other analysts also recently issued reports on the stock. BMO Capital Markets lifted their price target on shares of Power Co. of Canada from C$60.00 to C$71.00 in a report on Wednesday, November 12th. National Bankshares boosted their target price on Power Co. of Canada from C$58.00 to C$64.00 and gave the company a “sector perform” rating in a research report on Monday, October 27th. TD Securities downgraded shares of Power Co. of Canada from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 14th. Scotiabank increased their price target on Power Co. of Canada from C$69.00 to C$76.00 in a research report on Thursday, November 13th. Finally, Royal Bank Of Canada lifted their price objective on shares of Power Co. of Canada from C$59.00 to C$60.00 and gave the company a “sector perform” rating in a report on Tuesday, October 28th. Two analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of C$66.00.

Power Co. of Canada Trading Down 1.9%

Shares of POW opened at C$68.31 on Monday. Power Co. of Canada has a 12-month low of C$41.88 and a 12-month high of C$71.97. The business’s 50 day moving average is C$62.55 and its 200 day moving average is C$57.04. The company has a market capitalization of C$43.52 billion, a PE ratio of 14.41, a price-to-earnings-growth ratio of 0.57 and a beta of 0.86.

Power Co. of Canada Company Profile

Power Corp. of Canada is a diversified holding company with interests in financial services, communications, and other business sectors through its controlling interests in Power Financial. Power Financial in turn holds controlling interests in Great-West Life (an insurance conglomerate), IGM Financial (Canada’s largest nonbank asset manager), and Pargesa (a holding company with interests in European companies).