Will Power Corporation of Canada Go Down Anytime Soon?

 Will Power Corporation of Canada Go Down Anytime Soon?

The stock of Power Corporation of Canada (TSE:POW) is a huge mover today! About 113,259 shares traded hands. Power Corporation of Canada (TSE:POW) has declined 0.37% since April 8, 2016 and is downtrending. It has underperformed by 5.35% the S&P500.
The move comes after 6 months positive chart setup for the $12.14 billion company. It was reported on Nov, 14 by Barchart.com. We have $43.02 PT which if reached, will make TSE:POW worth $5.46 billion more.

Power Corporation of Canada (TSE:POW) Ratings Coverage

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. $37.50 is the highest target while $33 is the lowest. The $34.38 average target is 15.87% above today’s ($29.67) stock price. Power Corporation of Canada has been the topic of 7 analyst reports since August 10, 2015 according to StockzIntelligence Inc. The stock of Power Corporation of Canada (TSE:POW) earned “Outperform” rating by Scotia Capital on Monday, August 10. The stock of Power Corporation of Canada (TSE:POW) earned “Sector Perform” rating by RBC Capital Markets on Monday, August 10. The stock of Power Corporation of Canada (TSE:POW) earned “Outperform” rating by BMO Capital Markets on Friday, June 24.

More recent Power Corporation of Canada (TSE:POW) news were published by: Reuters.com which released: “BRIEF-Power Corp of Canada Q3 earnings per share C$0.65” on November 11, 2016. Also Fool.ca published the news titled: “Power Corporation of Canada: The Yield Is Not the Reason to Own it” on February 16, 2016. Wsj.com‘s news article titled: “Canada’s Desmarais Clan: A New Generation Takes Control” with publication date: August 22, 2016 was also an interesting one.

Power Corporation of Canada is a diversified management and holding company. The company has a market cap of $12.14 billion. The Firm has interest in the financial services, renewable energy, communications and other business sectors. It has a 12.15 P/E ratio. The Company’s principal asset is the controlling interest in Power Financial Corporation .

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment