Power Financial Receives New Coverage from Analysts at RBC Capital (PWF)
Investment analysts at RBC Capital started coverage on shares of Power Financial (TSE:PWF) in a note issued to investors on Wednesday, Analyst RN reports. The firm set an “outperform” rating and a C$39.00 price target on the stock. RBC Capital’s price target suggests a potential upside of 12.33% from the company’s current price.
A number of other analysts have also recently weighed in on PWF. Analysts at TD Securities upgraded shares of Power Financial from a “hold” rating to a “buy” rating in a research note to investors on Monday, November 18th. They now have a C$39.00 price target on the stock, up previously from C$34.00. Separately, analysts at Barclays raised their price target on shares of Power Financial from C$35.00 to C$36.00 in a research note to investors on Friday, November 15th. Finally, analysts at CIBC raised their price target on shares of Power Financial from C$36.00 to C$38.50 in a research note to investors on Friday, November 15th. They now have an “outperform” rating on the stock. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of C$35.88.
Shares of Power Financial (TSE:PWF) traded up 1.21% on Wednesday, hitting $35.14. 85,396 shares of the company’s stock traded hands. Power Financial has a 1-year low of $27.53 and a 1-year high of $36.79. The stock has a 50-day moving average of $35.57 and a 200-day moving average of $33.51. The company has a market cap of $24.991 billion and a price-to-earnings ratio of 15.57.
Power Financial (TSE:PWF) last announced its earnings results on Thursday, November 14th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by $0.10. Analysts expect that Power Financial will post $2.58 EPS for the current fiscal year.
Power Financial Corporation (TSE:PWF) is a diversified international management and holding company.
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