A statement released earlier today by Barclays Capital about Power Corporation Of Canada (TSE:POW) bumps the target price to $32.00
- Updated: March 20, 2017
Boasting a price of $31.99, Power Corporation Of Canada (TSE:POW) traded 0.16% higher on the day. The last stock close price is up 7.83% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. POW has recorded a 50-day moving average of $31.45 and a 200-day moving average of $29.73. 580,458 shares of POW traded hands, down from an average trading volume of 874,854
Barclays Capital bumped up the target of Power Corporation Of Canada (TSE:POW) to $32.00 stating a potential upside of 0.00%.
On 03/02/2017, Desjardins Securities released a statement on Power Corporation Of Canada (TSE:POW) bumped up the target price from $32.00 to $33.00 that suggested an upside of 0.04%.
Recent Performance Chart
Power Corporation Of Canada has 52 week low of $26.63 and a 52 week high of $32.32 with a PE ratio of 16.00 and has a market capitalization of $0.
In addition to Barclays Capital reporting its stock price target, a total of 7 brokerages have issued a ratings update on the company. The average stock price target is $23.91 with 0 brokerages rating the stock a strong buy, 2 brokerages rating the stock a buy, 5 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Power Corporation Of Canada (TSE:POW)
Power Corporation of Canada is a diversified management and holding company. The Company has interest in the financial services, renewable energy, communications and other business sectors. Its principal asset is the controlling interest in Power Financial Corporation (Power Financial). Its segments are Great-West Lifeco Inc. (Lifeco), IGM Financial Inc. (IGM) and Pargesa Holding SA (Pargesa). Lifeco offers life insurance, health insurance, retirement and investment services, and is engaged in the asset management and reinsurance business. IGM is a financial services company operating in Canada, primarily within the advice segment of the financial services market. Pargesa is a holding company with diversified interests in Europe-based companies active in various sectors, such as minerals-based specialty solutions for industry; cement, aggregates and concrete; testing, inspection and certification; wines and spirits, and electricity, natural gas and energy and environmental services.
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