Power Co. of Canada (TSE:POW – Get Free Report) had its target price increased by equities researchers at Scotia from C$79.00 to C$90.00 in a note issued to investors on Thursday,BayStreet.CA reports. The brokerage presently has a “sector outperform” rating on the financial services provider’s stock. Scotia’s target price indicates a potential upside of 11.79% from the stock’s current price.
A number of other analysts also recently issued reports on POW. Canadian Imperial Bank of Commerce lifted their price objective on shares of Power Co. of Canada from C$75.00 to C$78.00 and gave the stock a “hold” rating in a report on Friday, March 20th. TD Securities raised shares of Power Co. of Canada from a “hold” rating to a “buy” rating and set a C$74.00 price objective for the company in a report on Friday, March 20th. Royal Bank Of Canada lifted their price objective on shares of Power Co. of Canada from C$73.00 to C$86.00 and gave the stock an “outperform” rating in a report on Thursday. Desjardins lifted their price objective on shares of Power Co. of Canada from C$81.00 to C$87.00 and gave the stock a “buy” rating in a report on Thursday. Finally, BMO Capital Markets lifted their price objective on shares of Power Co. of Canada from C$69.00 to C$79.00 and gave the stock a “market perform” rating in a report on Tuesday. Five research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Power Co. of Canada has a consensus rating of “Moderate Buy” and an average target price of C$83.10.
View Our Latest Research Report on POW
Power Co. of Canada Price Performance
Power Co. of Canada (TSE:POW – Get Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The financial services provider reported C$1.43 earnings per share (EPS) for the quarter. Power Co. of Canada had a net margin of 6.98% and a return on equity of 10.81%. The company had revenue of C$10.96 billion during the quarter. Analysts expect that Power Co. of Canada will post 4.9289678 EPS for the current fiscal year.
Key Headlines Impacting Power Co. of Canada
Here are the key news stories impacting Power Co. of Canada this week:
- Positive Sentiment: National Bank Financial raised its price target on Power Co. of Canada (TSE: POW) to C$85 from C$77, while maintaining a sector perform rating, signaling improved upside expectations for the stock. Power Co. of Canada (TSE:POW) Given New C$85.00 Price Target at National Bank Financial
- Positive Sentiment: BMO Capital Markets also turned more constructive, issuing a positive outlook and previously lifting its target to C$79, which reinforced bullish analyst momentum around the name. BMO Capital Markets Issues Positive Forecast for Power Co. of Canada (TSE:POW) Stock Price
- Positive Sentiment: The company’s Q1 2026 results showed C$1.43 EPS on C$10.96 billion in revenue, with a 6.98% net margin and 10.81% return on equity, giving investors fresh evidence of profitability and operational stability. Power Co. of Canada earnings report
- Neutral Sentiment: Power Corporation’s preferred shares also declared dividends this week, including several monthly/quarterly payouts, which supports the company’s income-oriented appeal but is not a major new catalyst for the common stock. Q1 2026 Earnings Call Transcript
- Neutral Sentiment: Investor attention is also on the shareholder/analyst call remarks and transcript, which may provide more detail on strategy and outlook but do not appear to include a major surprise on their own. Shareholder/Analyst Call Prepared Remarks Transcript
About Power Co. of Canada
Power Corp. of Canada is a diversified holding company with interests in financial services, communications, and other business sectors through its controlling interests in Power Financial. Power Financial in turn holds controlling interests in Great-West Life (an insurance conglomerate), IGM Financial (Canada’s largest nonbank asset manager), and Pargesa (a holding company with interests in European companies). Power Corp. bought out the remaining shares of Power Financial in February 2020.
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