Power Financial Corp (TSE:PWF) had its target price reduced by equities researchers at Royal Bank of Canada from C$36.00 to C$35.00 in a note issued to investors on Monday, StockTargetPrices.com reports. The firm presently has a “sector perform” rating on the financial services provider’s stock. Royal Bank of Canada’s target price suggests a potential upside of 0.84% from the company’s current price.
Several other equities research analysts also recently commented on PWF. Desjardins downgraded shares of Power Financial Corp from a “buy” rating to a “hold” rating in a research report on Wednesday, December 21st. CIBC upped their price objective on shares of Power Financial Corp from C$36.00 to C$37.00 in a research report on Tuesday, February 14th. Finally, Barclays PLC upped their price objective on shares of Power Financial Corp from C$32.00 to C$36.00 in a research report on Monday, March 20th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of C$36.17.
Power Financial Corp (TSE:PWF) traded up 1.22% on Monday, reaching $34.71. The company’s stock had a trading volume of 591,225 shares. The firm’s 50 day moving average is $35.13 and its 200-day moving average is $33.82. Power Financial Corp has a 12 month low of $28.97 and a 12 month high of $36.46. The firm has a market cap of $24.76 billion and a P/E ratio of 12.93.
TRADEMARK VIOLATION NOTICE: This piece of content was first reported by Transcript Daily and is the sole property of of Transcript Daily. If you are viewing this piece of content on another domain, it was illegally stolen and reposted in violation of United States and international copyright & trademark laws. The legal version of this piece of content can be read at https://transcriptdaily.com/2017/04/25/power-financial-corp-pwf-price-target-cut-to-c35-00.html.
Power Financial Corp Company Profile
Power Financial Corp is a Canada-based diversified management and holding company. It has operations in the financial services sector in Canada, the United States and Europe, through its controlling interests in Great- West Lifeco Inc (Lifeco) and IGM Financial Inc (IGM). It operates through three segments: Lifeco, IGM and Pargesa Holding SA (Pargesa).
Receive News & Ratings for Power Financial Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Power Financial Corp and related companies with MarketBeat.com's FREE daily email newsletter.