Scotiabank Remains a Buy on Power Corp of Canada (POW)


Shares of Power Corp of Canada (TSX: POW) were revisited by a Wall Street analyst on October 26. The company received a Buy on October 26 from Scotiabank’s analyst Phil Hardie, with a C$34 price target.

According to TipRanks.com, Hardie is ranked #1437 out of 4874 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Power Corp of Canada with a C$33.25 average price target.

The company has a one-year high of C$33.69 and a one-year low of C$26.59. Currently, Power Corp of Canada has an average volume of 692.1K.

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 Monday at C$26.71, close to its 52-week low of C$26.59.

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