Power Co. of Canada (OTCMKTS:PWCDF – Get Free Report) is expected to be releasing its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $1.06 per share and revenue of $3.2647 billion for the quarter.
Power Co. of Canada Stock Performance
Shares of Power Co. of Canada stock opened at $65.64 on Thursday. Power Co. of Canada has a 1-year low of $38.21 and a 1-year high of $70.74. The business has a 50-day moving average of $61.68 and a 200-day moving average of $54.61.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on PWCDF shares. TD Securities lowered Power Co. of Canada from a “buy” rating to a “hold” rating in a research report on Thursday, May 14th. Scotiabank restated an “outperform” rating on shares of Power Co. of Canada in a research note on Tuesday, April 28th. BMO Capital Markets restated a “market perform” rating on shares of Power Co. of Canada in a research note on Tuesday, May 12th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Power Co. of Canada in a report on Thursday, May 14th. Finally, Desjardins reiterated a “buy” rating on shares of Power Co. of Canada in a research note on Wednesday, May 13th. Three analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Power Co. of Canada has a consensus rating of “Hold”.
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.
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