Power Co. of Canada (OTCMKTS:PWCDF) Price Target Increased to C$37.00 by Analysts at CIBC

Power Co. of Canada (OTCMKTS:PWCDFGet Rating) had its price target raised by CIBC from C$35.00 to C$37.00 in a research note released on Tuesday, The Fly reports.

Several other analysts also recently issued reports on the company. TD Securities downgraded Power Co. of Canada from a buy rating to a hold rating in a report on Tuesday, November 8th. BMO Capital Markets reduced their price target on shares of Power Co. of Canada from C$37.00 to C$36.00 in a research report on Tuesday, November 8th. Scotiabank reduced their price target on shares of Power Co. of Canada from C$39.00 to C$38.50 in a research report on Monday, November 21st. National Bank Financial cut their target price on shares of Power Co. of Canada from C$39.00 to C$38.00 in a report on Friday, November 11th. Finally, Desjardins dropped their price target on shares of Power Co. of Canada from C$38.00 to C$36.00 in a research note on Thursday, November 3rd.

Power Co. of Canada Trading Up 0.2 %

Shares of PWCDF opened at $26.62 on Tuesday. The stock has a fifty day moving average of $24.81 and a two-hundred day moving average of $25.14. Power Co. of Canada has a fifty-two week low of $20.96 and a fifty-two week high of $33.79.

About Power Co. of Canada

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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.

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