Great-West Lifeco Inc. (GWO) Upgraded to “Outperform” at National Bank Financial

National Bank Financial upgraded shares of Great-West Lifeco Inc. (TSE:GWO) from a sector perform rating to an outperform rating in a report issued on Thursday. National Bank Financial currently has C$38.00 price objective on the stock, up from their previous price objective of C$36.00.

A number of other research firms have also recently commented on GWO. Barclays PLC lifted their price target on Great-West Lifeco from C$37.00 to C$38.00 in a report on Friday, November 3rd. Eight Capital reduced their price target on Great-West Lifeco from C$38.00 to C$37.00 in a report on Friday, November 3rd. Royal Bank Of Canada lifted their price target on Great-West Lifeco from C$35.00 to C$36.00 in a report on Friday, November 3rd. Finally, CSFB lifted their price target on Great-West Lifeco from C$37.00 to C$39.00 in a report on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of C$37.33.

Great-West Lifeco (TSE:GWO) traded up C$0.26 during trading on Thursday, reaching C$35.20. The company had a trading volume of 718,200 shares, compared to its average volume of 487,828. Great-West Lifeco has a fifty-two week low of C$33.01 and a fifty-two week high of C$37.79.

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In related news, insider Lifeco U.S. Holding Great-West acquired 81,387 shares of the business’s stock in a transaction on Saturday, September 30th. The stock was purchased at an average cost of C$35.62 per share, for a total transaction of C$2,899,004.94.

About Great-West Lifeco

Great-West Lifeco Inc (Lifeco) is a financial services holding company. The Company has interests in the life insurance, health insurance, asset management, investment and retirement savings, and reinsurance businesses. It operates through four operating segments: Canada, United States, Europe and Lifeco Corporate.

Analyst Recommendations for Great-West Lifeco (TSE:GWO)

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