Power Co. of Canada (TSE:POW – Get Free Report) was downgraded by stock analysts at TD from a “buy” rating to a “hold” rating in a note issued to investors on Thursday,BayStreet.CA reports. They currently have a C$84.00 price target on the financial services provider’s stock, up from their prior price target of C$74.00. TD’s price objective points to a potential upside of 5.32% from the stock’s previous close.
Other analysts have also issued research reports about the stock. National Bank Financial increased their price target on shares of 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. Royal Bank Of Canada upgraded shares of Power Co. of Canada from a “hold” rating to a “moderate buy” rating and increased their price target for the stock from C$69.00 to C$73.00 in a research report on Friday, March 20th. BMO Capital Markets increased their price target on shares of Power Co. of Canada from C$69.00 to C$79.00 and gave the stock a “market perform” rating in a research report on Tuesday. Canadian Imperial Bank of Commerce increased their price target on shares of Power Co. of Canada from C$75.00 to C$78.00 and gave the stock a “hold” rating in a research report on Friday, March 20th. Finally, Desjardins increased their price target on shares of Power Co. of Canada from C$78.00 to C$79.00 and gave the stock a “buy” rating in a research report on Tuesday, March 3rd. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of C$83.10.
Read Our Latest Research Report on POW
Power Co. of Canada Trading Down 1.2%
Power Co. of Canada (TSE:POW – Get Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The financial services provider reported C$1.43 earnings per share (EPS) for the quarter. The business had revenue of C$10.96 billion during the quarter. Power Co. of Canada had a return on equity of 10.81% and a net margin of 6.98%. On average, research analysts predict that Power Co. of Canada will post 4.9289678 earnings per share for the current fiscal year.
Power Co. of Canada News Summary
Here are the key news stories impacting Power Co. of Canada this week:
- Positive Sentiment: Jefferies Financial Group raised its price target on Power Co. of Canada to C$90.00, signaling confidence in further upside. Power Co. of Canada (TSE:POW) Given New C$90.00 Price Target at Jefferies Financial Group
- Positive Sentiment: Scotia issued a positive forecast and lifted its target to C$90.00, keeping a sector outperform view on POW. Scotia Issues Positive Forecast for Power Co. of Canada (TSE:POW) Stock Price
- Positive Sentiment: Desjardins also turned more constructive, raising its price target to C$87.00 and maintaining a buy rating. Desjardins Issues Positive Forecast for Power Co. of Canada (TSE:POW) Stock Price
- Positive Sentiment: Royal Bank of Canada increased its target to C$86.00 and reiterated an outperform stance, adding to the upbeat analyst momentum. Power Co. of Canada (TSE:POW) Price Target Raised to C$86.00 at Royal Bank Of Canada
- Neutral Sentiment: Power Co. of Canada released its Q1 2026 earnings call transcript and shareholder/analyst call remarks, which may provide additional color but did not include a clear market-moving surprise in the headlines provided. Power Corporation of Canada (POW:CA) Q1 2026 Earnings Call Transcript
- Neutral Sentiment: A dividend declaration for a preferred share series was announced, which is usually routine and likely limited in impact on the common stock. Power Corporation of Canada PFD 1st C 5.80 declares CAD0.3625 dividend
- Negative Sentiment: TD Securities downgraded Power Co. of Canada from strong-buy to hold, which may be weighing on sentiment despite its higher target price. Power Co. of Canada was downgraded by TD Securities from strong-buy to hold
Power Co. of Canada Company Profile
Power Corp. of Canada is a diversified holding company with interests in financial services, communications, and other business sectors through its controlling interests in Power Financial. Power Financial in turn holds controlling interests in Great-West Life (an insurance conglomerate), IGM Financial (Canada’s largest nonbank asset manager), and Pargesa (a holding company with interests in European companies). Power Corp. bought out the remaining shares of Power Financial in February 2020.
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