Royal Bank of Canada Increases Power Co. of Canada (OTCMKTS:PWCDF) Price Target to C$41.00

Power Co. of Canada (OTCMKTS:PWCDF – Get Rating) had its target price increased by research analysts at Royal Bank of Canada from C$39.00 to C$41.00 in a research note issued on Friday, The Fly reports.

Other equities research analysts also recently issued research reports about the stock. TD Securities raised their price objective on shares of Power Co. of Canada from C$35.00 to C$38.00 in a research note on Wednesday, February 15th. BMO Capital Markets boosted their price objective on Power Co. of Canada from C$36.00 to C$40.00 in a report on Tuesday, March 14th. Desjardins boosted their target price on Power Co. of Canada from C$37.00 to C$39.00 in a research report on Thursday, March 2nd. CIBC boosted their price objective on Power Co. of Canada from C$35.00 to C$37.00 in a research report on Tuesday, January 24th. Finally, Scotiabank upped their price target on Power Co. of Canada from C$38.50 to C$39.00 in a research report on Wednesday, January 25th.

Power Co. of Canada Price Performance

OTCMKTS PWCDF opened at $24.63 on Friday. The company has a 50 day simple moving average of $26.51 and a 200-day simple moving average of $25.13. Power Co. of Canada has a 52-week low of $20.96 and a 52-week high of $31.71.

About Power Co. of Canada

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Power Corp. of Canada is a management and holding company, which engages in the provision of financial services; asset management; and sustainable and renewable energy. It operates through the following segments: Lifeco, IGM Financial, and GBL. The Lifeco segment offers life and health insurance, retirement, and investment management services, and involves in the asset management and reinsurance businesses.