Power Co. of Canada (TSE:POW) Receives Average Recommendation of “Moderate Buy” from Brokerages

Power Co. of Canada (TSE:POW) has earned a consensus rating of “Moderate Buy” from the ten ratings firms that are covering the company, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$86.60.

POW has been the topic of a number of recent research reports. TD raised their target price on Power Co. of Canada from C$84.00 to C$101.00 and gave the company a “hold” rating in a research note on Friday, July 31st. Royal Bank Of Canada upped their price target on shares of Power Co. of Canada from C$86.00 to C$87.00 and gave the stock an “outperform” rating in a research report on Monday, July 13th. National Bank Financial increased their price objective on shares of Power Co. of Canada from C$85.00 to C$102.00 and gave the stock a “sector perform” rating in a report on Monday, July 27th. Finally, Jefferies Financial Group upgraded shares of Power Co. of Canada from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 31st.

Power Co. of Canada Price Performance

Shares of POW opened at C$94.56 on Monday. The firm has a market cap of C$59.36 billion, a price-to-earnings ratio of 23.29, a PEG ratio of 0.57 and a beta of 0.65. The stock has a 50 day moving average of C$93.03 and a 200-day moving average of C$82.72. The company has a current ratio of 0.71, a quick ratio of 107.64 and a debt-to-equity ratio of 87.52. Power Co. of Canada has a 52 week low of C$57.29 and a 52 week high of C$97.66.

Power Co. of Canada (TSE:POW) last issued its quarterly earnings results on Thursday, July 30th. The financial services provider reported C$1.55 earnings per share for the quarter. Power Co. of Canada had a return on equity of 10.91% and a net margin of 7.72%.The business had revenue of C$11.70 billion during the quarter. As a group, analysts forecast that Power Co. of Canada will post 4.9289678 EPS for the current year.

Power Co. of Canada Company Profile

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.