Power Co. of Canada (TSE:POW) Receives Consensus Recommendation of “Hold” from Analysts

Power Co. of Canada (TSE:POW) has earned a consensus rating of “Hold” from the ten research firms that are currently covering the firm, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is C$83.10.

Several brokerages have recently issued reports on POW. Scotia increased their price objective on Power Co. of Canada from C$79.00 to C$90.00 and gave the company a “sector outperform” rating in a research note on Thursday, May 14th. TD downgraded Power Co. of Canada from a “buy” rating to a “hold” rating and upped their price target for the stock from C$74.00 to C$84.00 in a report on Thursday, May 14th. Desjardins increased their price target on Power Co. of Canada from C$81.00 to C$87.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Jefferies Financial Group lifted their price objective on Power Co. of Canada from C$73.00 to C$90.00 in a research note on Thursday, May 14th. Finally, National Bank Financial boosted their price objective on Power Co. of Canada from C$77.00 to C$85.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 13th.

Power Co. of Canada Price Performance

Shares of POW opened at C$91.43 on Wednesday. Power Co. of Canada has a fifty-two week low of C$52.06 and a fifty-two week high of C$92.16. The firm’s 50 day moving average price is C$83.41 and its 200 day moving average price is C$74.19. The company has a market cap of C$57.62 billion, a P/E ratio of 21.98, a PEG ratio of 0.57 and a beta of 0.73. The company has a quick ratio of 107.64, a current ratio of 0.87 and a debt-to-equity ratio of 86.98.

Power Co. of Canada (TSE:POW) last issued its quarterly earnings results on Tuesday, May 12th. The financial services provider reported C$1.43 EPS for the quarter. The company had revenue of C$10.96 billion during the quarter. Power Co. of Canada had a net margin of 7.93% and a return on equity of 11.34%. On average, research analysts forecast that Power Co. of Canada will post 4.9289678 earnings per share for the current fiscal year.

About Power Co. of Canada

Power Corporation is an international management and holding company that focuses on financial services in North America, Europe and Asia. Its core holdings are leading insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms.