01:40 AM EST, 11/14/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We raise our 12-month target price by CAD15 to CAD75, valuing POW shares at 12x our newly initiated 2027 EPS estimate of CAD6.40, and at 13x our 2026 EPS estimate of CAD5.85 (raised by CAD0.25), versus its one-year average forward multiple of 9.8x and a peer average of 9x. Q3 2025 EPS of CAD1.35 versus CAD1.07 beat our CAD1.30 estimate and the CAD1.33 consensus view. Results included a 15% rise in Lifeco earnings to CAD1.23B, amid double-digit growth in Retirement, Wealth, and Group Benefits, as well as 23% higher IGM earnings to CAD301.2M, with record AUM of CAD302.6B (up 14.2%) and positive net flows. We applaud POW's Q3 results, and we expect M&A to remain part of the firm's long-term growth strategy, likely focused on alternative asset management to broaden the company's alternative offerings. Currently trading at 13.4x our 2025 EPS estimate of CAD5.28 (raised by CAD0.05), a 37% premium to historical averages and a nearly 50% premium to peer averages, we view the shares as fairly valued.