Power Co. of Canada (PWCDF) Projected to Post Quarterly Earnings on Wednesday

Power Co. of Canada (OTCMKTS:PWCDF) is expected to release its results before the market opens on Wednesday, March 18th. Analysts expect Power Co. of Canada to post earnings of $1.03 per share and revenue of $3.1683 billion for the quarter.

Power Co. of Canada Stock Up 1.6%

Shares of OTCMKTS PWCDF opened at $48.96 on Tuesday. Power Co. of Canada has a 12-month low of $33.16 and a 12-month high of $56.10. The company has a 50-day moving average of $49.75 and a 200 day moving average of $48.11.

Analysts Set New Price Targets

Separately, Scotiabank restated an “outperform” rating on shares of Power Co. of Canada in a report on Thursday, February 19th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

About Power Co. of Canada

Power Co of Canada is a diversified international management and holding company founded in 1925 and headquartered in Montreal, Quebec. Through its principal subsidiaries, the company builds long-term value by investing in and providing strategic oversight to companies operating primarily in the financial services sector. Power Co maintains a long history of family ownership and stewardship, with former co-CEOs Paul Desmarais Jr. and André Desmarais playing key roles in its development over recent decades.

The company’s main areas of activity encompass life and health insurance, wealth and asset management, and retirement services.