Research analysts at Desjardins have revised their earnings per share (EPS) forecast for **Power Co. of Canada** (TSE: POW) for the third quarter of **2025**, increasing it to **$1.32** from a previous estimate of **$1.30**. This update, issued in a research note on **October 22, 2023**, reflects growing confidence in the financial services provider’s performance.
Desjardins currently maintains a **“Buy”** rating for Power Co. of Canada, along with a price target of **C$65.00**. The consensus estimate for the company’s full-year earnings stands at **$4.93** per share. The firm has also projected the following earnings: **$1.38** EPS for Q4 2025, **$5.30** for FY2025, **$5.75** for FY2026, and **$6.30** for FY2027.
Several other brokerages have also revisited their ratings and price targets for Power Co. of Canada. On **October 15**, the **Royal Bank of Canada** raised its price target from **C$58.00** to **C$59.00**. In contrast, **Jefferies Financial Group** downgraded the stock from a **“buy”** rating to **“hold”** and adjusted their price objective from **C$57.00** to **C$60.00** on **August 11**. Similarly, **BMO Capital Markets** increased their target price from **C$54.00** to **C$58.00** on **August 7**, while **National Bankshares** lifted theirs from **C$55.00** to **C$56.00**, assigning a **“sector perform”** rating on **July 29**.
Finally, **Scotiabank** raised its price objective from **C$65.00** to **C$68.00**, giving the stock an **“outperform”** rating. Currently, three investment analysts rate the stock as a **“Buy”**, while six have issued a **“Hold”** rating. According to data from **MarketBeat**, the consensus rating is **“Hold”**, with a consensus price target of **C$60.38**.
Power Co. of Canada Stock Performance
On **October 20**, shares of Power Co. of Canada opened at **C$63.71**. The company’s 50-day simple moving average stands at **C$59.43**, with a 200-day simple moving average of **C$54.93**. Over the past year, the stock has seen a low of **C$41.88** and a high of **C$63.93**. Power Co. of Canada has a market capitalization of **C$40.86 billion**, a price-to-earnings (P/E) ratio of **15.31**, a P/E growth (P/E/G) ratio of **0.57**, and a beta of **0.91**.
Power Co. of Canada operates as a diversified holding company, with interests spanning financial services, communications, and other sectors through its controlling interests in **Power Financial**. This parent company holds significant stakes in **Great-West Life**, a leading insurance conglomerate, **IGM Financial**, which is Canada’s largest nonbank asset manager, and **Pargesa**, a holding company involved with various European enterprises.
Investors and analysts alike will be keenly watching Power Co. of Canada as it moves closer to the fiscal year end, with revised estimates reflecting a potentially robust performance in the upcoming periods.
