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

Shares of Power Co. of Canada (OTCMKTS:PWCDF) have been given an average rating of “Hold” by the eight research firms that are covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company.

A number of analysts have commented on PWCDF shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of Power Co. of Canada in a report on Thursday, May 14th. BMO Capital Markets restated a “market perform” rating on shares of Power Co. of Canada in a research report on Tuesday, May 12th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Power Co. of Canada in a report on Wednesday, April 29th. Desjardins reiterated a “buy” rating on shares of Power Co. of Canada in a research report on Wednesday, May 13th. Finally, TD Securities lowered Power Co. of Canada from a “buy” rating to a “hold” rating in a research note on Thursday, May 14th.

Power Co. of Canada Price Performance

OTCMKTS:PWCDF opened at $61.55 on Wednesday. Power Co. of Canada has a twelve month low of $37.89 and a twelve month high of $69.16. The company’s 50-day moving average price is $58.12 and its 200-day moving average price is $53.03.

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.