Power Co. of Canada (POW) Price Target Cut to C$31.00 by Analysts at BMO Capital Markets

Power Co. of Canada (TSE:POW) had its price target lowered by BMO Capital Markets from C$33.00 to C$31.00 in a research report report published on Tuesday.

Several other equities research analysts have also recently weighed in on the company. Barclays dropped their target price on Power Co. of Canada from C$31.00 to C$29.00 in a report on Monday. TD Securities upgraded Power Co. of Canada from a hold rating to a buy rating and increased their target price for the company from C$32.00 to C$34.00 in a report on Wednesday, August 8th. Finally, Royal Bank of Canada dropped their target price on Power Co. of Canada from C$35.00 to C$34.00 and set a sector perform rating for the company in a report on Tuesday, August 7th.

Shares of POW stock opened at C$27.42 on Tuesday. Power Co. of Canada has a 1-year low of C$26.56 and a 1-year high of C$33.69.

Power Co. of Canada Company Profile

Power Corporation of Canada operates as a diversified international management and holding company with interests primarily in the financial services, sustainable and renewable energy, asset management, communications, and other business sectors in North America, Europe, and Asia. The company operates through Lifeco, IGM Financial, and Pargesa segments.

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