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

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

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

Power Co. of Canada Price Performance

Shares of Power Co. of Canada stock opened at $48.10 on Monday. The firm has a fifty day moving average price of $49.84 and a two-hundred day moving average price of $48.07. Power Co. of Canada has a fifty-two week low of $33.16 and a fifty-two week high of $56.10.

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.