Power Co. of Canada (TSE:POW - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$42.90 and traded as high as C$44.03. Power Co. of Canada shares last traded at C$43.92, with a volume of 955,196 shares.
Analysts Set New Price Targets
POW has been the subject of a number of recent research reports. 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. CIBC cut their price objective on shares of Power Co. of Canada from C$51.00 to C$48.00 and set a "neutral" rating for the company in a report on Thursday. National Bankshares boosted their target price on Power Co. of Canada from C$42.00 to C$47.00 and gave the stock a "sector perform" rating in a report on Wednesday, October 30th. Finally, TD Securities increased their price target on Power Co. of Canada from C$44.00 to C$49.00 and gave the company a "buy" rating in a report on Thursday, November 14th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Power Co. of Canada currently has a consensus rating of "Moderate Buy" and a consensus price target of C$46.94.
View Our Latest Report on Power Co. of Canada
Power Co. of Canada Price Performance
The stock has a 50-day simple moving average of C$45.01 and a 200 day simple moving average of C$42.90. The company has a market cap of C$26.17 billion, a PE ratio of 10.06, a P/E/G ratio of 0.57 and a beta of 1.09. The company has a quick ratio of 107.64, a current ratio of 91.78 and a debt-to-equity ratio of 48.53.
Power Co. of Canada (TSE:POW - Get Free Report) last issued its quarterly earnings data 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). The company had revenue of C$5.29 billion during the quarter. Power Co. of Canada had a net margin of 8.29% and a return on equity of 11.29%. Equities analysts expect that Power Co. of Canada will post 4.9289678 EPS for the current year.
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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