Power Co. of Canada (TSE:POW - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$48.15 and last traded at C$48.11, with a volume of 82915 shares trading hands. The stock had previously closed at C$47.62.
Analyst Upgrades and Downgrades
POW has been the subject of a number of recent analyst reports. Cibc World Mkts upgraded Power Co. of Canada from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 7th. National Bankshares increased their price target on shares of Power Co. of Canada from C$42.00 to C$47.00 and gave the company a "sector perform" rating in a research report on Wednesday, October 30th. TD Securities increased their price target on shares of Power Co. of Canada from C$49.00 to C$53.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. BMO Capital Markets increased their target price on shares of Power Co. of Canada from C$42.00 to C$49.00 in a research report on Tuesday, November 12th. Finally, CIBC raised shares of Power Co. of Canada from a "neutral" rating to an "outperform" rating and increased their target price for the company from C$48.00 to C$55.00 in a research report on Friday, February 7th. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of C$48.31.
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Power Co. of Canada Trading Down 0.5 %
The company's fifty day moving average is C$44.88 and its 200 day moving average is C$43.73. The company has a market capitalization of C$30.56 billion, a P/E ratio of 13.50, a P/E/G ratio of 0.57 and a beta of 1.09.
Power Co. of Canada Company Profile
(
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Power Corporation of Canada, an international management and holding company, offers financial services in North America, Europe, and Asia. It operates through Lifeco, IGM Financial, and GBL segments. The company offers life, health and dental, disability, critical illness, and creditor insurance; accidental death and dismemberment; retirement savings and income and annuity products; and life assurance, pension, and investment products to individuals and small business owners.
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