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 $.
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%