A Wall Street analyst has provided a review for the Financial company today, but retained the same rating on the stock. Power Corp of Canada (POW) received a Hold rating from Barclays’ analyst John Aiken, with a C$29 price target.
According to TipRanks.com, Aiken is a 1-star analyst with an average return of -2.3% and a 37.4% success rate. Aiken covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Toronto Dominion Bank.
Currently, the analyst consensus on Power Corp of Canada is a Moderate Buy with an average price target of C$32.25, implying a 16.2% upside from current levels. In a report issued on October 25, RBC Capital also reiterated a Hold rating on the stock with a C$32 price target.
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Power Corp of Canada’s market cap is currently C$12.73B and has a P/E ratio of 8.2. The company has a Price to Book ratio of 0.90.
Power Corp. of Canada is a management and holding company, which engages in the financial, sustainable and renewable energy, asset management, communications, and other business sectors. It operates through the following segments: Lifeco, IGM Financial, and Pargesa.
The company’s shares closed on Monday at C$27.76.
