Barclays Raises Power Co. of Canada (OTCMKTS:PWCDF) Price Target to C$40.00

Power Co. of Canada (OTCMKTS:PWCDF – Get Rating) had its price target boosted by Barclays from C$39.00 to C$40.00 in a report issued on Tuesday, The Fly reports.

PWCDF has been the topic of several other reports. CIBC increased their price target on Power Co. of Canada from C$35.00 to C$37.00 in a research report on Tuesday, January 24th. Desjardins lifted their price target on Power Co. of Canada from C$37.00 to C$39.00 in a research report on Thursday, March 2nd. TD Securities upped their price objective on Power Co. of Canada from C$35.00 to C$38.00 in a research report on Wednesday, February 15th. National Bank Financial raised their price objective on shares of Power Co. of Canada from C$40.00 to C$41.00 in a research note on Wednesday, May 17th. Finally, Scotiabank boosted their target price on shares of Power Co. of Canada from C$38.50 to C$39.00 in a research note on Wednesday, January 25th.

Power Co. of Canada Stock Performance

OTCMKTS:PWCDF opened at $25.96 on Tuesday. The company’s fifty day moving average price is $26.10 and its 200-day moving average price is $25.74. Power Co. of Canada has a 1-year low of $20.96 and a 1-year high of $30.10.

Power Co. of Canada Company Profile

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Power Corp. of Canada is a management and holding company, which engages in the provision of financial services; asset management; and sustainable and renewable energy. It operates through the following segments: Lifeco, IGM Financial, and GBL. The Lifeco segment offers life and health insurance, retirement, and investment management services, and involves in the asset management and reinsurance businesses.