Power Co. of Canada (OTCMKTS:PWCDF) Given Consensus Recommendation of “Hold” by Brokerages

Power Co. of Canada (OTCMKTS:PWCDF) has received an average recommendation of “Hold” from the six brokerages that are currently covering the company, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

A number of research firms recently issued reports on PWCDF. National Bank Financial reissued a “sector perform” rating on shares of Power Co. of Canada in a research note on Monday, October 27th. Scotiabank reaffirmed an “outperform” rating on shares of Power Co. of Canada in a research report on Thursday.

Power Co. of Canada Price Performance

Power Co. of Canada stock opened at $48.28 on Thursday. Power Co. of Canada has a fifty-two week low of $31.70 and a fifty-two week high of $56.10. The company’s 50 day simple moving average is $51.12 and its 200 day simple moving average is $47.25.

Power Co. of Canada Company Profile

Power Co of Canada is a diversified international management and holding company founded in 1925 and headquartered in Montreal, Quebec. Through its principal subsidiaries, the company builds long-term value by investing in and providing strategic oversight to companies operating primarily in the financial services sector. Power Co maintains a long history of family ownership and stewardship, with former co-CEOs Paul Desmarais Jr. and André Desmarais playing key roles in its development over recent decades.

The company’s main areas of activity encompass life and health insurance, wealth and asset management, and retirement services.