RBC keeps CAD 103.00 target for Power Corporation stock
Published on 10/17/2026 at 21:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRBC target remains above market
- RBC Capital kept a CAD 103.00 target on October 14, 2026.
- Third-quarter results are scheduled for November 11, 2026.
- Power Corporation stock was CAD 92.59 at 4:00 p.m. ET on October 16, 2026, down 1.02 percent on the TSX.
- Power Corporation traded at a P/E ratio of 22.92 on October 16, 2026.
RBC Capital maintained its Buy rating and a CAD 103.00 price target for Power Corporation on October 14, 2026, putting the target 11.24 percent above the stock's CAD 92.59 last price. Markets Insider reported the analyst view. Power Corporation stock was last at CAD 92.59 on October 16, 2026 at 4:00 p.m. ET on the TSX, down 1.02 percent on the day.
Results arrive November 11
Power Corporation is scheduled to release third-quarter 2026 financial results after the market close on November 11, 2026. The company plans an earnings call on November 12, 2026 at 8:00 a.m. ET. Yahoo Finance carried the October 6, 2026 release.
Quarterly earnings set the base
For the second quarter of 2026, revenue was CAD 11.92 billion, down 0.42 percent from CAD 11.97 billion a year earlier. Net profit came to CAD 709 million, down 9.68 percent from CAD 785 million in the comparable quarter, according to Markets Insider.
Range leaves room above
Power Corporation's CAD 92.59 price stood 5.19 percent below its CAD 97.66 52-week high and 52.49 percent above its CAD 60.75 low on October 16, 2026. Trading volume reached 2,120,336 shares against an average of 1,918,614 shares.
Valuation and reporting date
The company had a market capitalization of CAD 58.1 billion, a P/E ratio of 22.92 and a dividend yield of 0.03 percent as of October 16, 2026. Power Corporation operates insurance, retirement, wealth-management and investment businesses through Lifeco, IGM Financial and GBL.
Comparison with peers
Power Corporation (TSX, CAD): minus 1.02 percent, P/E 22.92, market capitalization CAD 58.1 billion
Brookfield Corporation (TSX, CAD): minus 0.96 percent, P/E 65.66, market capitalization CAD 115.6 billion
IGM Financial (TSX, CAD): minus 0.94 percent, P/E 16.56, market capitalization CAD 18.9 billion
Price and market context
The stock's 52-week position leaves it below the RBC target while the next scheduled results date gives investors a defined calendar marker. The comparison with Brookfield and IGM Financial shows a mixed valuation picture across Canadian financial companies. Power Corporation was last at CAD 92.59 on October 16, 2026 at 4:00 p.m. ET on the TSX, down 1.02 percent on the day.
Power Corporation stock facts
- Company: Power Corporation of Canada
- ISIN: CA7392391016
- Ticker: POW
- Primary exchange: TSX
- Price on October 16, 2026 at 4:00 p.m. ET: CAD 92.59
- Daily change: minus 1.02 percent on the TSX
- Market capitalization: CAD 58.1 billion as of October 16, 2026
- 52-week range: CAD 60.75 to CAD 97.66 as of October 16, 2026
- Sector / Industry: Financial Services / Insurance - Diversified
- Next earnings date: November 11, 2026
Market context: Market report S&P/TSX Composite.
