Power Financial Corp (TSE:PWF)‘s stock had its “sector perform” rating restated by investment analysts at Scotiabank in a research note issued on Monday. They currently have a C$38.00 price target on the stock. Scotiabank’s price objective points to a potential upside of 7.74% from the stock’s previous close.
Several other research firms have also commented on PWF. Barclays PLC upped their price objective on Power Financial Corp from C$32.00 to C$36.00 in a research note on Monday, March 20th. Royal Bank of Canada reduced their price objective on Power Financial Corp from C$36.00 to C$35.00 and set a “sector perform” rating for the company in a research note on Monday. Desjardins upped their price objective on Power Financial Corp from C$36.00 to C$38.00 in a research note on Thursday, March 2nd. Finally, CIBC upped their price objective on Power Financial Corp from C$36.00 to C$37.00 in a research note on Tuesday, February 14th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of C$36.17.
Shares of Power Financial Corp (TSE:PWF) traded down 0.28% during midday trading on Monday, reaching $35.27. The company’s stock had a trading volume of 658,707 shares. The company has a market cap of $25.16 billion and a PE ratio of 13.77. The company’s 50-day moving average price is $35.41 and its 200-day moving average price is $33.30. Power Financial Corp has a 12 month low of $28.97 and a 12 month high of $36.43.
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Power Financial Corp Company Profile
Power Financial Corp is a Canada-based diversified management and holding company. It has operations in the financial services sector in Canada, the United States and Europe, through its controlling interests in Great- West Lifeco Inc (Lifeco) and IGM Financial Inc (IGM). It operates through three segments: Lifeco, IGM and Pargesa Holding SA (Pargesa).
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