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

BMO Capital Markets set a C$36.00 price target on Power Co. of Canada (TSE:POW) in a research report report published on Monday, March 26th. The firm currently has an outperform rating on the financial services provider’s stock.

Other equities research analysts have also recently issued research reports about the company. Desjardins increased their price objective on Power Co. of Canada from C$34.00 to C$35.00 in a report on Monday, December 4th. Royal Bank of Canada dropped their price objective on Power Co. of Canada from C$36.00 to C$33.00 and set a sector perform rating for the company in a report on Monday, March 26th. CIBC dropped their price objective on Power Co. of Canada from C$34.00 to C$33.00 in a report on Wednesday, February 28th. Finally, Barclays dropped their price objective on Power Co. of Canada from C$35.00 to C$33.00 in a report on Monday, March 19th.

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POW stock traded down C$0.11 during trading on Monday, hitting C$29.37. 439,960 shares of the company traded hands, compared to its average volume of 784,759. Power Co. of Canada has a 1 year low of C$28.20 and a 1 year high of C$33.69.

In other news, insider Arnaud Vial sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 23rd. The stock was sold at an average price of C$32.40, for a total value of C$162,000.00.

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About Power Co. of Canada

Power Corporation of Canada operates as a diversified international management and holding company with interests primarily in the financial services, communications, and other business sectors in Canada, the United States, and Europe. It offers life, health, and reinsurance products and services, as well as retirement, and investment and asset management services; manages and distributes mutual funds and other managed asset products; annuities, executive benefits, and mortgage products; and wealth management services.

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