Power Co. of Canada (OTCMKTS:PWCDF) Price Target Increased to C$40.00 by Analysts at Barclays

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

Several other analysts have also recently issued reports on PWCDF. BMO Capital Markets dropped their target price on Power Co. of Canada from C$40.00 to C$39.00 in a report on Wednesday, May 17th. CIBC upped their price objective on shares of Power Co. of Canada from C$35.00 to C$37.00 in a report on Tuesday, January 24th. Royal Bank of Canada lifted their target price on shares of Power Co. of Canada from C$39.00 to C$41.00 in a research note on Friday, March 17th. Desjardins increased their price target on shares of Power Co. of Canada from C$37.00 to C$39.00 in a research note on Thursday, March 2nd. Finally, National Bank Financial raised their price target on shares of Power Co. of Canada from C$40.00 to C$41.00 in a report on Wednesday, May 17th.

Power Co. of Canada Stock Performance

Shares of Power Co. of Canada stock opened at $25.96 on Tuesday. The stock’s 50 day simple moving average is $26.10 and its 200-day simple moving average is $25.74. Power Co. of Canada has a 1-year low of $20.96 and a 1-year high of $30.10.

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.