Power Co. of Canada (TSE:POW) Stock Has Consensus Price Target of C$88.30 According to Analysts

Shares of Power Co. of Canada (TSE:POW) have been given a consensus recommendation of “Moderate Buy” by the ten ratings firms that are covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is C$88.30.

Several brokerages have commented on POW. Desjardins raised their target price on shares of Power Co. of Canada from C$102.00 to C$104.00 and gave the stock a “buy” rating in a report on Tuesday. Jefferies Financial Group raised shares of Power Co. of Canada from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 31st. National Bank Financial lifted their price objective on shares of Power Co. of Canada from C$85.00 to C$102.00 and gave the stock a “sector perform” rating in a research report on Monday, July 27th. TD boosted their target price on shares of Power Co. of Canada from C$84.00 to C$101.00 and gave the company a “hold” rating in a research note on Friday, July 31st. Finally, Royal Bank Of Canada increased their target price on Power Co. of Canada from C$86.00 to C$87.00 and gave the company an “outperform” rating in a report on Monday, July 13th.

Power Co. of Canada Trading Up 0.0%

TSE POW traded up C$0.04 on Tuesday, hitting C$95.69. 376,931 shares of the company were exchanged, compared to its average volume of 2,204,792. The company’s 50 day moving average price is C$92.65 and its 200-day moving average price is C$81.88. The company has a debt-to-equity ratio of 87.52, a current ratio of 0.71 and a quick ratio of 107.64. The firm has a market capitalization of C$60.07 billion, a P/E ratio of 23.57, a price-to-earnings-growth ratio of 0.57 and a beta of 0.62. Power Co. of Canada has a twelve month low of C$62.50 and a twelve month high of C$98.49.

About Power Co. of Canada

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.