What’s Next for Power Corporation of Canada After Today’s Huge Increase?


The stock of Power Corporation of Canada (TSE:POW) is a huge mover today! About 372,450 shares traded hands. Power Corporation of Canada (TSE:POW) has declined 5.94% since February 5, 2016 and is downtrending. It has underperformed by 22.43% the S&P500.
The move comes after 8 months positive chart setup for the $11.38B company. It was reported on Sep, 13 by Barchart.com. We have $42.43 PT which if reached, will make TSE:POW worth $6.37 billion more.

Out of 3 analysts covering Power Corporation Of Canada (TSE:POW), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. $34 is the highest target while $33 is the lowest. The $33.33 average target is 22.54% above today’s ($27.2) stock price. Power Corporation Of Canada has been the topic of 4 analyst reports since October 23, 2015 according to StockzIntelligence Inc.

Power Corporation of Canada is a diversified management and holding company. The company has a market cap of $11.38 billion. The Firm has interest in the financial services, renewable energy, communications and other business sectors. It has a 11.14 P/E ratio. The Company’s principal asset is the controlling interest in Power Financial Corporation .

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