Shares of Power Co. of Canada (TSE:POW - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.00 and traded as high as C$42.26. Power Co. of Canada shares last traded at C$41.94, with a volume of 3,447,990 shares trading hands.
Analysts Set New Price Targets
A number of research analysts have issued reports on the company. TD Securities lifted their target price on Power Co. of Canada from C$44.00 to C$49.00 and gave the company a "buy" rating in a research report on Thursday, November 14th. CIBC lifted their target price on Power Co. of Canada from C$45.00 to C$51.00 in a research report on Wednesday, November 13th. BMO Capital Markets lifted their target price on Power Co. of Canada from C$42.00 to C$49.00 in a research report on Tuesday, November 12th. Finally, National Bankshares lifted their target price on 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. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Power Co. of Canada presently has an average rating of "Moderate Buy" and an average price target of C$47.31.
Read Our Latest Stock Report on Power Co. of Canada
Power Co. of Canada Stock Performance
The company has a quick ratio of 107.64, a current ratio of 91.78 and a debt-to-equity ratio of 48.53. The company has a 50 day simple moving average of C$45.58 and a 200-day simple moving average of C$42.56. The stock has a market capitalization of C$25.21 billion, a price-to-earnings ratio of 9.69, a price-to-earnings-growth ratio of 0.57 and a beta of 1.09.
Power Co. of Canada (TSE:POW - Get Free Report) last issued its quarterly earnings results on Tuesday, November 12th. The financial services provider reported C$0.82 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.14 by C($0.32). Power Co. of Canada had a net margin of 8.29% and a return on equity of 11.29%. The business had revenue of C$5.29 billion during the quarter. As a group, equities research analysts expect that Power Co. of Canada will post 4.9289678 EPS for the current fiscal year.
About Power Co. of Canada
(
Get Free Report)
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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