National Bank Financial Weighs in on TSE:POW FY2025 Earnings

Power Co. of Canada (TSE:POW) – Equities research analysts at National Bank Financial cut their FY2025 earnings per share estimates for shares of Power Co. of Canada in a report released on Tuesday, April 29th. National Bank Financial analyst J. Gloyn now anticipates that the financial services provider will earn $5.45 per share for the year, down from their prior forecast of $5.47. The consensus estimate for Power Co. of Canada’s current full-year earnings is $4.93 per share.

A number of other research analysts have also issued reports on POW. CIBC raised shares of Power Co. of Canada from a “neutral” rating to an “outperform” rating and boosted their target price for the company from C$48.00 to C$55.00 in a research note on Friday, February 7th. BMO Capital Markets increased their price objective on Power Co. of Canada from C$49.00 to C$52.00 in a report on Friday, March 14th. Scotiabank lowered their target price on Power Co. of Canada from C$62.00 to C$61.00 and set an “outperform” rating on the stock in a research report on Thursday, April 24th. Jefferies Financial Group boosted their price target on Power Co. of Canada from C$55.00 to C$56.00 in a research report on Monday, April 21st. Finally, Cibc World Mkts raised Power Co. of Canada from a “hold” rating to a “strong-buy” rating in a report on Friday, February 7th. Four investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of C$54.13.

Power Co. of Canada Stock Performance

Power Co. of Canada stock opened at C$51.35 on Friday. Power Co. of Canada has a one year low of C$36.08 and a one year high of C$52.31. The company has a 50-day simple moving average of C$49.92 and a 200-day simple moving average of C$46.90. The firm has a market capitalization of C$32.82 billion, a P/E ratio of 14.50, a P/E/G ratio of 0.57 and a beta of 1.09.

About Power Co. of Canada

Power Corporation of Canada, an international management and holding company, offers financial services in North America, Europe, and Asia. It operates through Lifeco, IGM Financial, and GBL segments. The company offers life, health and dental, disability, critical illness, and creditor insurance; accidental death and dismemberment; retirement savings and income and annuity products; and life assurance, pension, and investment products to individuals and small business owners.