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

Shares of Power Co. of Canada (OTCMKTS:PWCDF) have earned an average recommendation of “Hold” from the eight analysts that are covering the stock, MarketBeat.com reports. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

A number of research firms have issued reports on PWCDF. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Power Co. of Canada in a research report on Thursday, May 14th. Desjardins reaffirmed a “buy” rating on shares of Power Co. of Canada in a research report on Wednesday, May 13th. TD Securities downgraded shares of Power Co. of Canada from a “buy” rating to a “hold” rating in a research note on Thursday, May 14th. BMO Capital Markets reissued a “market perform” rating on shares of Power Co. of Canada in a report on Tuesday, May 12th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Power Co. of Canada in a report on Tuesday, April 28th.

Power Co. of Canada Price Performance

PWCDF opened at $61.55 on Wednesday. The stock’s 50-day moving average price is $58.12 and its 200 day moving average price is $53.03. Power Co. of Canada has a 12-month low of $37.89 and a 12-month high of $69.16.

Power Co. of Canada Company Profile

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.