Power Co. of Canada (OTCMKTS:PWCDF) Receives Average Rating of “Hold” from Brokerages

Power Co. of Canada (OTCMKTS:PWCDF) has been given an average recommendation of “Hold” by the six research firms that are covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company.

Separately, Scotiabank restated an “outperform” rating on shares of Power Co. of Canada in a research report on Thursday, February 19th.

Power Co. of Canada Stock Performance

Shares of PWCDF stock opened at $50.41 on Friday. Power Co. of Canada has a twelve month low of $33.31 and a twelve month high of $56.10. The business has a fifty day simple moving average of $48.52 and a 200 day simple moving average of $48.82.

About Power Co. of Canada

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.