Power Corp of Canada ada (POW) Receives a Sell from Barclays

In a latest note to investors, a research analyst has provided a rating update for the Power Corp of Canada ada (POWResearch Report). Barclays’ analyst John Aiken reiterates their Sell rating on the shares, with a C$31.00 price target.

According to TipRanks.com, Aiken is a 1-star analyst with an average return of -1.4% and a 42.3% 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 ada is a Hold with an average price target of C$33.00.

Power Corp of Canada ada’s market cap is currently C$13.67B and has a P/E ratio of 14.85. The company has a Price to Book ratio of 1.06.

Power Corp. of Canada is a management and holding company, which engages in the provision of financial services; asset management; and sustainable and renewable energy. It operates through the following segments: Lifeco, IGM Financial, and Pargesa.

The company’s shares closed last Friday at C$32.08, close to its 52-week high of C$32.60.