Analysts at Desjardins have updated their earnings estimates for **Power Co. of Canada** (TSE:POW), anticipating a stronger financial performance in the third quarter of **2025**. According to a research note issued on **October 22**, Desjardins analyst **D. Young** now projects earnings of **C$1.32** per share, an increase from the previous estimate of **C$1.30**. This revision reflects a positive outlook for the financial services provider, which currently holds a **Buy** rating and a price target of **C$65.00**.
Desjardins has also provided forward-looking estimates for subsequent quarters. The forecast for **Q4 2025** earnings stands at **C$1.38** per share, while projections for full-year earnings are **C$5.30** for **2025**, **C$5.75** for **2026**, and **C$6.30** for **2027**. The consensus estimate for Power Co. of Canada’s current full-year earnings is **C$4.93** per share.
Market Response and Analyst Ratings
Other financial institutions have also recently reassessed their positions regarding Power Co. of Canada. The **Royal Bank Of Canada** raised its price target from **C$58.00** to **C$59.00** on **October 15**. Meanwhile, **Jefferies Financial Group** downgraded the stock from a **Buy** to a **Hold** rating while increasing its price target from **C$57.00** to **C$60.00** on **August 11**. Similarly, **BMO Capital Markets** adjusted its target price from **C$54.00** to **C$58.00** on **August 7**.
**National Bankshares** also raised its target price from **C$55.00** to **C$56.00**, assigning the stock a **Sector Perform** rating on **July 29**. **Scotiabank** has given the stock an **Outperform** rating, increasing its price objective from **C$65.00** to **C$68.00**.
Currently, three investment analysts have issued a **Buy** rating for the stock, while six have rated it as a **Hold**. According to data from **MarketBeat**, the consensus rating for Power Co. of Canada sits at **Hold**, with an average price target of **C$60.38**.
Stock Performance Overview
On **Friday**, Power Co. of Canada shares opened at **C$63.71**. The stock has shown a robust performance over the past year, with a low of **C$41.88** and a high of **C$63.93**. The company’s market capitalization currently stands at **C$40.86 billion**, with a price-to-earnings (P/E) ratio of **15.31** and a price-to-earnings-growth (P/E/G) ratio of **0.57**, indicating solid growth potential. The stock has a beta of **0.91**, reflecting a lower volatility compared to the market.
**Power Co. of Canada** is a diversified holding company with significant interests across financial services, communications, and other sectors, primarily through its controlling interests in **Power Financial**. This parent company holds key stakes in **Great-West Life**, a notable insurance conglomerate, as well as **IGM Financial**, which is recognized as Canada’s largest non-bank asset manager, and **Pargesa**, which has interests in various European firms.
As analysts continue to adjust their forecasts, the outlook for Power Co. of Canada appears optimistic, reflecting confidence in its future growth and stability in a competitive market.
