Power Co. of Canada (TSE:POW) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Power Co. of Canada (TSE:POW) have received a consensus rating of “Moderate Buy” from the eight analysts that are covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$47.31.

POW has been the subject of a number of research analyst reports. National Bankshares boosted their target price on shares of Power Co. of Canada from C$42.00 to C$47.00 and gave the stock a “sector perform” rating in a research note on Wednesday, October 30th. BMO Capital Markets boosted their price objective on shares of Power Co. of Canada from C$42.00 to C$49.00 in a research report on Tuesday, November 12th. CIBC increased their price objective on Power Co. of Canada from C$45.00 to C$51.00 in a research report on Wednesday, November 13th. Finally, TD Securities raised their target price on shares of Power Co. of Canada from C$44.00 to C$49.00 and gave the company a “buy” rating in a research note on Thursday, November 14th.

Power Co. of Canada Stock Performance

Shares of TSE:POW opened at C$43.33 on Wednesday. The firm has a market cap of C$25.67 billion, a P/E ratio of 9.87, a PEG ratio of 0.57 and a beta of 1.09. The company has a debt-to-equity ratio of 48.53, a current ratio of 91.78 and a quick ratio of 107.64. The firm has a fifty day moving average price of C$45.13. Power Co. of Canada has a 52 week low of C$35.83 and a 52 week high of C$47.89.

Power Co. of Canada (TSE:POW) last released its quarterly earnings results on Tuesday, November 12th. The financial services provider reported C$0.82 EPS for the quarter, missing analysts’ consensus estimates of C$1.14 by C($0.32). Power Co. of Canada had a net margin of 8.29% and a return on equity of 11.29%. The firm had revenue of C$5.29 billion during the quarter. On average, analysts forecast that Power Co. of Canada will post 4.9289678 EPS for the current year.

About Power Co. of Canada

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.