Power Co. of Canada (POW) Hits New 1-Year High at $33.38
Shares of Power Co. of Canada (TSE:POW) hit a new 52-week high during trading on Thursday . The stock traded as high as C$33.38 and last traded at C$33.30, with a volume of shares changing hands.
Separately, Barclays PLC increased their price objective on Power Co. of Canada from C$32.00 to C$33.00 in a report on Tuesday, August 1st.
In other news, insider Stéphane Lemay sold 25,975 shares of the company’s stock in a transaction dated Wednesday, October 4th. The shares were sold at an average price of C$31.90, for a total value of C$828,602.50.
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Power Co. of Canada Company Profile
Power Corporation of Canada is a diversified management and holding company. The Company has interest in the financial services, renewable energy, communications and other business sectors. Its principal asset is the controlling interest in Power Financial Corporation (Power Financial). Its segments are Great-West Lifeco Inc (Lifeco), IGM Financial Inc (IGM) and Pargesa Holding SA (Pargesa).
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