Power Of Canada traded at 95.80 this Friday July 31st, increasing 3.18 or 3.43 percent since the previous trading session. Looking back, over the last four weeks, Power Of Canada gained 8.46 percent. Over the last 12 months, its price rose by 71.19 percent. Looking ahead, we forecast Power Of Canada to be priced at 93.67 by the end of this quarter and at 87.57 in one year, according to Trading Economics global macro models projections and analysts expectations.
Power Corporation of Canada is a diversified management and holding company. The Company has interest in the financial services, renewable energy, communications and other business sectors. Its principal asset is the controlling interest in Power Financial Corporation (Power Financial). Its segments are Great-West Lifeco Inc. (Lifeco), IGM Financial Inc. (IGM) and Pargesa Holding SA (Pargesa). Lifeco offers life insurance, health insurance, retirement and investment services, and is engaged in the asset management and reinsurance business. IGM is a financial services company operating in Canada, primarily within the advice segment of the financial services market. Pargesa is a holding company with diversified interests in Europe-based companies active in various sectors, such as minerals-based specialty solutions for industry; cement, aggregates and concrete; testing, inspection and certification; wines and spirits, and electricity, natural gas and energy and environmental services.