Power Co. of Canada (OTCMKTS:PWCDF – Get Free Report) is anticipated to release its resultson Thursday, July 30th. Analysts expect Power Co. of Canada to announce earnings of $1.06 per share and revenue of $3.2647 billion for the quarter.
Power Co. of Canada Trading Up 0.5%
Power Co. of Canada stock opened at $65.64 on Thursday. The stock has a fifty day moving average price of $61.68 and a 200 day moving average price of $54.61. Power Co. of Canada has a 52 week low of $38.21 and a 52 week high of $70.74.
Wall Street Analysts Forecast Growth
PWCDF has been the subject of several recent analyst reports. TD Securities cut Power Co. of Canada from a “buy” rating to a “hold” rating in a report on Thursday, May 14th. Desjardins reiterated a “buy” rating on shares of Power Co. of Canada in a report on Wednesday, May 13th. Scotiabank reissued an “outperform” rating on shares of Power Co. of Canada in a research report on Tuesday, April 28th. BMO Capital Markets restated a “market perform” rating on shares of Power Co. of Canada in a report on Tuesday, May 12th. Finally, Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Power Co. of Canada in a research report on Wednesday, April 29th. Three analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold”.
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.
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