This summary was created by AI, based on 3 opinions in the last 12 months.
The experts unanimously recommend the PWF Preferred Shares 5.5% Perpetual as a top pick due to its high yield and potential for upside. The parent corporation, Power Corp., is in a strong financial position with growing cash reserves, debt retirement, and share buybacks. They advise placing a stop-loss at $17.50 and aim for a price target of $25 with an upside potential of 19-23%. Overall, the preferred shares have a high credit rating and solid yield, making them an attractive investment.
PWF Preferred Shares 5.5% Perpetual is a OTC stock, trading under the symbol PWF.PR.E-T on the (). It is usually referred to as or PWF.PR.E-T
In the last year, there was no coverage of PWF Preferred Shares 5.5% Perpetual published on Stockchase.
PWF Preferred Shares 5.5% Perpetual was recommended as a Top Pick by on . Read the latest stock experts ratings for PWF Preferred Shares 5.5% Perpetual.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered PWF Preferred Shares 5.5% Perpetual In the last year. It is a trending stock that is worth watching.
On , PWF Preferred Shares 5.5% Perpetual (PWF.PR.E-T) stock closed at a price of $.
With the Canadian Central Bank hinting that further interest rate increase are unlikely going forward as inflation abates, we again reiterate PWF.PR.E as a TOP PICK. The parent corporation, POW, trades at 15x earnings and 1.2x book value. Quarterly cash reserves of the parent are growing, as debt is retired and shares bought back. We recommend trailing up the stop (from $17.50) to $19.00, looking to achieve $25.00 -- upside potential of 19%. Yield 6.1%