Forex
Power Co. of Canada Earns Moderate Buy Rating Amid Analyst Variance
Market analysts have assigned Power Co. of Canada (TSE:POW) a consensus rating of 'Moderate Buy' based on recent research and reviews from brokerages.
The ten current analysts covering the stock, including those at National Bank Financial, TD, Jefferies Financial Group, and Royal Bank Of Canada, have given varying ratings with five holding recommendations, four buy recommendations, and one strong buy recommendation.
TD increased its price target on POW shares from C$84.00 to C$101.00 while giving the company a 'hold' rating in a report on Friday, July 31st.
The average twelve-month price target among brokers that have covered the stock is C$86.60, indicating overall moderate optimism about the company's growth prospects.