Power Co. of Canada (OTCMKTS:PWCDF) Price Target Raised to C$41.00

Power Co. of Canada (OTCMKTS:PWCDF – Get Rating) had its price target upped by equities researchers at Royal Bank of Canada from C$39.00 to C$41.00 in a note issued to investors on Friday, The Fly reports.

A number of other analysts have also issued reports on the company. BMO Capital Markets boosted their price target on Power Co. of Canada from C$36.00 to C$40.00 in a report on Tuesday, March 14th. Desjardins boosted their price target on Power Co. of Canada from C$37.00 to C$39.00 in a report on Thursday, March 2nd. CIBC boosted their price target on Power Co. of Canada from C$35.00 to C$37.00 in a report on Tuesday, January 24th. TD Securities boosted their price target on Power Co. of Canada from C$35.00 to C$38.00 in a report on Wednesday, February 15th. Finally, Scotiabank boosted their price objective on shares of Power Co. of Canada from C$38.50 to C$39.00 in a research note on Wednesday, January 25th.

Power Co. of Canada Stock Performance

Shares of OTCMKTS:PWCDF opened at $24.63 on Friday. The business has a 50 day simple moving average of $26.51 and a two-hundred day simple moving average of $25.13. Power Co. of Canada has a 1 year low of $20.96 and a 1 year high of $31.71.

Power Co. of Canada Company Profile

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Power Corp. of Canada is a management and holding company, which engages in the provision of financial services; asset management; and sustainable and renewable energy. It operates through the following segments: Lifeco, IGM Financial, and GBL. The Lifeco segment offers life and health insurance, retirement, and investment management services, and involves in the asset management and reinsurance businesses.