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

Shares of Power Co. of Canada (OTCMKTS:PWCDF) have received a consensus rating of “Hold” from the seven brokerages that are presently covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

PWCDF has been the subject of a number of analyst reports. Scotiabank reaffirmed an “outperform” rating on shares of Power Co. of Canada in a report on Tuesday, April 28th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Power Co. of Canada in a report on Wednesday, April 29th.

Power Co. of Canada Stock Down 1.2%

Power Co. of Canada stock opened at $57.39 on Tuesday. Power Co. of Canada has a one year low of $34.21 and a one year high of $58.32. The business has a fifty day moving average price of $50.92 and a 200-day moving average price of $50.45.

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.