Power Co. of Canada (OTCMKTS:PWCDF – Get Free Report) is anticipated to announce its resultson Thursday, July 30th. Analysts expect Power Co. of Canada to post earnings of $1.06 per share and revenue of $3.2647 billion for the quarter.
Power Co. of Canada Trading Down 0.1%
PWCDF opened at $65.64 on Tuesday. The company has a 50 day simple moving average of $62.09 and a two-hundred day simple moving average of $54.86. Power Co. of Canada has a 1-year low of $38.21 and a 1-year high of $70.74.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on PWCDF. Desjardins reaffirmed a “buy” rating on shares of Power Co. of Canada in a report on Wednesday, May 13th. Scotiabank reissued an “outperform” rating on shares of Power Co. of Canada in a report on Friday. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Power Co. of Canada in a research report on Wednesday, April 29th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Power Co. of Canada in a research note on Thursday, May 14th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Power Co. of Canada in a research report on Tuesday, May 12th. Three analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average 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.
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