Power Financial Corp (PWF) PT Raised to C$39.00 at Royal Bank Of Canada

Power Financial Corp (TSE:PWF) had its price target hoisted by equities researchers at Royal Bank Of Canada from C$37.00 to C$39.00 in a report released on Monday. The brokerage currently has a “sector perform” rating on the financial services provider’s stock. Royal Bank Of Canada’s price objective suggests a potential upside of 10.76% from the stock’s previous close.

Separately, Barclays PLC boosted their target price on Power Financial Corp from C$37.00 to C$39.00 in a research note on Tuesday, November 7th.

Power Financial Corp (TSE PWF) traded down C$0.78 on Monday, reaching C$35.21. The company had a trading volume of 718,173 shares, compared to its average volume of 492,135. Power Financial Corp has a 1 year low of C$31.75 and a 1 year high of C$37.00.

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In other news, Director Robert Jeffrey Orr sold 100,000 shares of the business’s stock in a transaction dated Thursday, September 21st. The stock was sold at an average price of C$34.42, for a total value of C$3,442,000.00.

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).

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