Barclays Boosts Power Co. of Canada (OTCMKTS:PWCDF) Price Target to C$40.00

Power Co. of Canada (OTCMKTS:PWCDF – Get Rating) had its price target raised by Barclays from C$39.00 to C$40.00 in a report issued on Tuesday, The Fly reports.

PWCDF has been the topic of a number of other research reports. Desjardins raised their price target on Power Co. of Canada from C$37.00 to C$39.00 in a research note on Thursday, March 2nd. Scotiabank raised their price target on Power Co. of Canada from C$38.50 to C$39.00 in a report on Wednesday, January 25th. BMO Capital Markets reduced their price objective on Power Co. of Canada from C$40.00 to C$39.00 in a report on Wednesday, May 17th. National Bank Financial lifted their price objective on Power Co. of Canada from C$40.00 to C$41.00 in a report on Wednesday, May 17th. Finally, CIBC raised their price target on Power Co. of Canada from C$35.00 to C$37.00 in a research report on Tuesday, January 24th.

Power Co. of Canada Stock Performance

Shares of OTCMKTS PWCDF opened at $26.38 on Tuesday. Power Co. of Canada has a 1-year low of $20.96 and a 1-year high of $30.10. The stock’s 50-day moving average is $26.09 and its two-hundred day moving average is $25.73.

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.