Power Co. of Canada (POW) PT Raised to C$36.00 at Royal Bank Of Canada
Power Co. of Canada (TSE:POW) had its price objective hoisted by stock analysts at Royal Bank Of Canada from C$34.00 to C$36.00 in a report issued on Monday. The firm currently has a “sector perform” rating on the financial services provider’s stock. Royal Bank Of Canada’s price objective points to a potential upside of 9.59% from the company’s previous close.
Several other brokerages also recently commented on POW. BMO Capital Markets raised their price objective on shares of Power Co. of Canada from C$35.00 to C$36.00 in a research report on Monday. Barclays PLC raised their price objective on shares of Power Co. of Canada from C$32.00 to C$33.00 in a research report on Tuesday, August 1st.
Shares of Power Co. of Canada (TSE POW) opened at C$32.85 on Monday. Power Co. of Canada has a 52-week low of C$28.40 and a 52-week high of C$33.69.
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In other Power Co. of Canada news, insider Stéphane Lemay sold 22,609 shares of Power Co. of Canada stock in a transaction on Wednesday, October 11th. The shares were sold at an average price of C$32.19, for a total value of C$727,783.71.
About Power Co. of Canada
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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