Could Power Financial Corp Change Direction After Today’s Huge Increase?


The stock of Power Financial Corp (TSE:PWF) is a huge mover today! About 362,437 shares traded hands. Power Financial Corp (TSE:PWF) has declined 4.41% since February 5, 2016 and is downtrending. It has underperformed by 20.90% the S&P500.
The move comes after 6 months positive chart setup for the $21.58 billion company. It was reported on Sep, 13 by We have $43.47 PT which if reached, will make TSE:PWF worth $9.50 billion more.

Out of 2 analysts covering Power Financial Corporation (TSE:PWF), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. $38 is the highest target while $35 is the lowest. The $36 average target is 19.24% above today’s ($30.19) stock price. Power Financial Corporation has been the topic of 5 analyst reports since October 23, 2015 according to StockzIntelligence Inc.

Power Financial Corporation is a diversified management and holding company. The company has a market cap of $21.58 billion. The Firm has activities in the financial services sector in Canada, the United States and Europe, through its controlling interests in Great- West Lifeco Inc. and IGM Financial Inc. (IGM). It has a 11.4 P/E ratio. It operates through three divisions: Lifeco, IGM and Pargesa Holding SA (Pargesa).

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