Power Financial (TSE:PWF) Given New C$33.00 Price Target at CIBC

Power Financial (TSE:PWF) had its price objective decreased by CIBC from C$37.00 to C$33.00 in a report released on Tuesday, BayStreet.CA reports.

A number of other equities research analysts have also commented on the stock. Royal Bank of Canada dropped their price objective on shares of Power Financial from C$36.00 to C$35.00 in a report on Monday, July 22nd. TD Securities dropped their price objective on shares of Power Financial from C$35.00 to C$34.00 in a report on Thursday, May 16th. Finally, BMO Capital Markets raised their price objective on shares of Power Financial from C$31.00 to C$33.00 and gave the stock a market perform rating in a report on Tuesday, April 16th.

Shares of TSE:PWF opened at C$27.96 on Tuesday. Power Financial has a 12 month low of C$25.05 and a 12 month high of C$33.27. The company has a current ratio of 2.62, a quick ratio of 1.03 and a debt-to-equity ratio of 45.90. The stock’s fifty day moving average is C$29.49. The firm has a market capitalization of $18.60 billion and a price-to-earnings ratio of 9.11.

Power Financial (TSE:PWF) last issued its quarterly earnings data on Monday, May 13th. The financial services provider reported C$0.75 EPS for the quarter, missing analysts’ consensus estimates of C$0.79 by C($0.04). The company had revenue of C$17.65 billion for the quarter. Equities analysts predict that Power Financial will post 3.6900002 earnings per share for the current year.

About Power Financial

Power Financial Corporation provides financial services in Canada, the United States, Europe, and Asia. It offers life, disability, critical illness, and health insurance products, as well as wealth savings and income products, and specialty products. The company also provides financial products, including employer-sponsored defined contribution plans, individual retirement accounts, enrollment services, communication materials, investment options and education services, fund management services, and investment and advisory services.

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