Power Co. of Canada (OTCMKTS:PWCDF) Receives Average Recommendation of “Hold” from Analysts

Shares of Power Co. of Canada (OTCMKTS:PWCDF) have been given an average recommendation of “Hold” by the six analysts that are currently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

A number of brokerages have recently weighed in on PWCDF. National Bank Financial reissued a “sector perform” rating on shares of Power Co. of Canada in a research report on Monday, October 27th. Scotiabank reaffirmed an “outperform” rating on shares of Power Co. of Canada in a research note on Thursday.

Power Co. of Canada Stock Performance

Power Co. of Canada stock opened at $48.75 on Thursday. The business has a 50-day moving average of $51.02 and a 200-day moving average of $47.34. Power Co. of Canada has a 1 year low of $31.70 and a 1 year high of $56.10.

About Power Co. of Canada

Power Co of Canada is a diversified international management and holding company founded in 1925 and headquartered in Montreal, Quebec. Through its principal subsidiaries, the company builds long-term value by investing in and providing strategic oversight to companies operating primarily in the financial services sector. Power Co maintains a long history of family ownership and stewardship, with former co-CEOs Paul Desmarais Jr. and André Desmarais playing key roles in its development over recent decades.

The company’s main areas of activity encompass life and health insurance, wealth and asset management, and retirement services.