Power Co. of Canada (POW) PT Raised to C$36.00 at BMO Capital Markets

Power Co. of Canada (TSE:POW) had its price objective hoisted by stock analysts at BMO Capital Markets from C$35.00 to C$36.00 in a research report issued on Monday. BMO Capital Markets’ price target would indicate a potential upside of 9.59% from the stock’s current price.

Separately, Barclays PLC increased their target price on shares of Power Co. of Canada from C$33.00 to C$35.00 in a report on Tuesday, November 7th.

Shares of Power Co. of Canada (POW) opened at C$32.85 on Monday. Power Co. of Canada has a 1-year low of C$28.40 and a 1-year high of C$33.69.

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In related news, insider Stéphane Lemay sold 22,609 shares of the stock in a transaction dated Wednesday, October 11th. The shares were sold at an average price of C$32.19, for a total value of C$727,783.71.

About Power Co. of Canada

Power Corporation of Canada is a diversified management and holding company. The Company has interest in the financial services, renewable energy, communications and other business sectors. Its principal asset is the controlling interest in Power Financial Corporation (Power Financial). Its segments are Great-West Lifeco Inc (Lifeco), IGM Financial Inc (IGM) and Pargesa Holding SA (Pargesa).

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