Power Co. of Canada (TSE:POW - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$46.23 and traded as high as C$48.92. Power Co. of Canada shares last traded at C$48.46, with a volume of 4,608,423 shares changing hands.
Analyst Ratings Changes
Several research firms have commented on POW. National Bankshares boosted their price objective on Power Co. of Canada from C$50.00 to C$55.00 and gave the stock a "sector perform" rating in a research note on Thursday, March 20th. TD Securities increased their price objective on Power Co. of Canada from C$53.00 to C$54.00 and gave the company a "buy" rating in a research note on Thursday, March 20th. Scotiabank upped their target price on shares of Power Co. of Canada from C$56.00 to C$62.00 and gave the stock an "outperform" rating in a report on Friday, March 21st. CIBC raised shares of Power Co. of Canada from a "neutral" rating to an "outperform" rating and raised their price target for the stock from C$48.00 to C$55.00 in a research note on Friday, February 7th. Finally, Desjardins upped their price target on Power Co. of Canada from C$49.00 to C$53.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. Four analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Power Co. of Canada currently has an average rating of "Moderate Buy" and a consensus target price of C$54.13.
Read Our Latest Report on Power Co. of Canada
Power Co. of Canada Stock Down 1.0 %
The business has a 50-day simple moving average of C$49.22 and a 200-day simple moving average of C$46.37. The company has a market cap of C$31.77 billion, a PE ratio of 14.03, a price-to-earnings-growth 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.
Further Reading
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