Desjardins Raises Power Financial (PWF) Price Target to C$34.00

Power Financial (TSE:PWF) had its price objective boosted by Desjardins from C$33.00 to C$34.00 in a research note published on Tuesday morning. Desjardins also issued estimates for Power Financial’s FY2019 earnings at $3.60 EPS and FY2020 earnings at $3.80 EPS.

A number of other equities research analysts have also recently weighed in on the stock. Royal Bank of Canada reduced their price target on shares of Power Financial from C$35.00 to C$33.00 in a research report on Tuesday, January 15th. CIBC reduced their price target on shares of Power Financial from C$37.00 to C$32.50 in a research report on Monday, November 12th.

Shares of PWF opened at C$30.24 on Tuesday. Power Financial has a 1-year low of C$25.05 and a 1-year high of C$33.64. The firm has a market capitalization of $21.82 billion and a P/E ratio of 10.85. The company has a debt-to-equity ratio of 44.44, a current ratio of 46.82 and a quick ratio of 44.11.

About Power Financial

Power Financial Corporation provides financial services in Canada, the United States, Europe, and Asia. It offers life, disability, critical illness, accidental death and dismemberment, health and dental protection, creditor, and direct marketing insurance products, as well as specialty products; and wealth accumulation and annuity products.

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