FY2025 EPS Estimates for TSE:POW Reduced by Analyst

Power Co. of Canada (TSE:POW) – Analysts at National Bank Financial dropped their FY2025 earnings per share estimates for shares of Power Co. of Canada in a research note issued to investors on Tuesday, April 29th. National Bank Financial analyst J. Gloyn now expects that the financial services provider will post earnings per share of $5.45 for the year, down from their prior forecast of $5.47. The consensus estimate for Power Co. of Canada’s current full-year earnings is $4.93 per share.

A number of other research firms have also issued reports on POW. Cibc World Mkts upgraded shares of Power Co. of Canada from a “hold” rating to a “strong-buy” rating in a report on Friday, February 7th. Scotiabank reduced their target price on Power Co. of Canada from C$62.00 to C$61.00 and set an “outperform” rating for the company in a report on Thursday, April 24th. Desjardins raised their target price on Power Co. of Canada from C$49.00 to C$53.00 and gave the stock a “buy” rating in a research report on Tuesday, March 4th. Cfra Research raised Power Co. of Canada to a “hold” rating in a research report on Thursday, March 20th. Finally, National Bankshares raised their price objective on Power Co. of Canada from C$50.00 to C$55.00 and gave the stock a “sector perform” rating in a research report on Thursday, March 20th. Four research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$54.13.

Power Co. of Canada Trading Down 0.4 %

TSE POW opened at C$51.35 on Friday. Power Co. of Canada has a 1 year low of C$36.08 and a 1 year high of C$52.31. The company has a market cap of C$32.82 billion, a PE ratio of 14.50, a PEG ratio of 0.57 and a beta of 1.09. The stock’s 50-day moving average price is C$49.92 and its two-hundred day moving average price is C$46.90.

Power Co. of Canada Company Profile

Power Corporation of Canada, an international management and holding company, offers financial services in North America, Europe, and Asia. It operates through Lifeco, IGM Financial, and GBL segments. The company offers life, health and dental, disability, critical illness, and creditor insurance; accidental death and dismemberment; retirement savings and income and annuity products; and life assurance, pension, and investment products to individuals and small business owners.