Power Financial (TSE:PWF) had its target price upped by investment analysts at Desjardins from C$39.00 to C$40.00 in a research note issued to investors on Monday, StockTargetPrices.com reports. Desjardins’ price target suggests a potential upside of 12.52% from the company’s current price.

A number of other research analysts have also recently issued reports on PWF. Barclays boosted their target price on Power Financial from C$37.00 to C$39.00 in a research note on Tuesday, November 7th. Royal Bank Of Canada boosted their target price on Power Financial from C$37.00 to C$39.00 and gave the company a “sector perform” rating in a research note on Monday, November 13th.

Shares of Power Financial (TSE:PWF) traded up C$0.20 during trading on Monday, hitting C$35.55. The company had a trading volume of 372,564 shares, compared to its average volume of 484,252. Power Financial has a twelve month low of C$31.75 and a twelve month high of C$37.00.

In other Power Financial news, Director Robert Jeffrey Orr sold 200,000 shares of the business’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of C$36.02, for a total value of C$7,204,000.00. Over the last three months, insiders sold 475,000 shares of company stock valued at $16,741,000.

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About Power Financial

Power Financial Corp is a Canada-based diversified management and holding company. It has operations in the financial services sector in Canada, the United States and Europe, through its controlling interests in Great- West Lifeco Inc (Lifeco) and IGM Financial Inc (IGM). It operates through three segments: Lifeco, IGM and Pargesa Holding SA (Pargesa).

Stock Target Prices

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