Power Corp of Canada (POW) Receives a Hold from RBC Capital


Power Corp of Canada (TSX: POW), the Financial sector company, was revisited by a Wall Street analyst on October 25. Analyst Geoffrey Kwan from RBC Capital reiterated a Hold rating, with a C$32 price target on October 25.

According to TipRanks.com, Kwan is ranked #1922 out of 4884 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Power Corp of Canada with a C$33 average price target.

The company has a one-year high of C$33.69 and a one-year low of C$26.63. Currently, Power Corp of Canada has an average volume of 688.1K.

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 Friday at C$27.10, close to its 52-week low of C$26.63.

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