Power Co. of Canada (OTCMKTS:PWCDF) PT Raised to C$39.00 at Scotiabank

Power Co. of Canada (OTCMKTS:PWCDF – Get Rating) had its target price raised by investment analysts at Scotiabank from C$38.50 to C$39.00 in a research note issued on Wednesday, The Fly reports.

Several other brokerages have also recently weighed in on PWCDF. National Bank Financial dropped their price objective on Power Co. of Canada from C$39.00 to C$38.00 in a research note on Friday, November 11th. TD Securities cut Power Co. of Canada from a “buy” rating to a “hold” rating in a research note on Tuesday, November 8th. CIBC lifted their target price on Power Co. of Canada from C$35.00 to C$37.00 in a research note on Tuesday. BMO Capital Markets lowered their target price on Power Co. of Canada from C$37.00 to C$36.00 in a research note on Tuesday, November 8th. Finally, Desjardins lowered their target price on Power Co. of Canada from C$38.00 to C$36.00 in a research note on Thursday, November 3rd.

Power Co. of Canada Price Performance

OTCMKTS:PWCDF traded up $0.07 during trading hours on Wednesday, hitting $26.62. 51,805 shares of the company traded hands, compared to its average volume of 44,407. The firm’s 50-day simple moving average is $24.81 and its 200-day simple moving average is $25.14. Power Co. of Canada has a one year low of $20.96 and a one year high of $33.79.

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.