Power Co. of Canada (OTCMKTS:PWCDF) Receives Average Recommendation of “Hold” from Brokerages

Shares of Power Co. of Canada (OTCMKTS:PWCDF) have earned an average rating of “Hold” from the six analysts that are covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

Separately, Scotiabank reaffirmed an “outperform” rating on shares of Power Co. of Canada in a research report on Thursday, February 19th.

Power Co. of Canada Trading Up 1.2%

Shares of Power Co. of Canada stock opened at $49.60 on Thursday. The company has a 50-day simple moving average of $50.89 and a two-hundred day simple moving average of $47.41. Power Co. of Canada has a one year low of $31.70 and a one year high of $56.10.

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.