PWF Preferred Shares 5.5% Perpetual (PWF.PR.E-T)
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This summary was created by AI, based on 2 opinions in the last 12 months.
PWF Preferred Shares 5.5% Perpetual, represented by the symbol PWF.PR.E-T, has garnered positive attention from Stockchase Research Editor Michael O'Reilly. With the Canadian central bank's move to reduce interest rates, these preferred shares are expected to benefit significantly. The parent company, Power Financial Corporation (POW), has recently reported a remarkable 138% increase in earnings per share (EPS), indicating strong performance. Additionally, the company's financial health appears robust with growing cash reserves, reduced debt, and share buybacks, which contribute to a favorable investment outlook. Currently trading at a multiple of 10 times earnings and 2 times book value, the stock has a recommended stop-loss at $19 and a target price of $25, indicating a potential upside of 16%. Furthermore, the yield stands at an attractive 6.4%, making it a compelling option for income-focused investors.
We reiterate this Canadian based preferred share offering by Power Financial. The parent company POW recently reported EPS increasing by 138%. Cash reserves at the parent are growing, while debt is retired and shares bought back and their stock trades at 10x earnings and 2x book value. We continue to recommend a stop at $19, looking to achieve $25 -- upside potential of 16%. Yield 6.4%
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%
As the Canadian Central Bank suggests no further interest rates are likely necessary to curtail inflation, we reiterate preferred shares as a TOP PICK. The parent, Power Corp., holds an international diversified portfolio of financial assets and services. We continue to recommend a stop-loss at $17.50, looking to achieve $25 -- upside potential over 23%. Yield 6.8%
(Analysts’ price target is $25.00)The parent company, POW, generates $6.6 billion in free cash flow and trades at only 1.1x book value. This preferred share pays a perpetual quarterly dividend that has a great yield and high (Pfd-2H) credit rating. Rising interest rates have reduced the preferred share value to a discount of its $25 par value; however, when interest rates return to long term levels this can provide possible upside potential of 19%. We recommend placing a stop-loss at $17.50. Yield 6.5%
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PWF Preferred Shares 5.5% Perpetual(PWF.PR.E-T) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
PWF Preferred Shares 5.5% Perpetual(PWF.PR.E-T) Frequently Asked Questions
What is PWF Preferred Shares 5.5% Perpetual stock symbol?
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
Is PWF Preferred Shares 5.5% Perpetual a buy or a sell?
In the last year, there was no coverage of PWF Preferred Shares 5.5% Perpetual published on Stockchase.
Is PWF Preferred Shares 5.5% Perpetual a good investment or a top pick?
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.
Why is PWF Preferred Shares 5.5% Perpetual stock dropping?
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.
Is PWF Preferred Shares 5.5% Perpetual worth watching?
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.
What is PWF Preferred Shares 5.5% Perpetual stock price?
On , PWF Preferred Shares 5.5% Perpetual (PWF.PR.E-T) stock closed at a price of $.
As the Canadian central bank has begun to reduce interest rates, preferred shares should benefit. We reiterate PWF.PR.E as a TOP PICK. The parent company POW recently reported EPS increasing by 138%. Cash reserves at the parent are growing, while debt is retired and shares bought back and their stock trades at 10x earnings and 2x book value. We continue to recommend a stop at $19, looking to achieve $25 -- upside potential of 16%. Yield 6.4%