Great-West Lifeco Inc (GWO) Given Consensus Rating of “Hold” by Analysts

Shares of Great-West Lifeco Inc (TSE:GWO) have earned a consensus rating of “Hold” from the nine brokerages that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is C$37.50.

A number of analysts have recently issued reports on the stock. CSFB increased their price target on shares of Great-West Lifeco from C$37.00 to C$39.00 in a research report on Wednesday, November 1st. TD Securities reduced their price target on shares of Great-West Lifeco from C$39.00 to C$38.00 and set a “hold” rating for the company in a research report on Friday, February 9th. Eight Capital reduced their price target on shares of Great-West Lifeco from C$37.00 to C$36.00 in a research report on Friday, February 9th. Royal Bank of Canada increased their price target on shares of Great-West Lifeco from C$35.00 to C$36.00 in a research report on Friday, November 3rd. Finally, CIBC lowered shares of Great-West Lifeco from an “outperform” rating to a “negative” rating in a research report on Friday, February 9th.

Shares of Great-West Lifeco (GWO) traded up C$0.09 on Friday, hitting C$33.98. 596,758 shares of the company’s stock traded hands, compared to its average volume of 459,269. Great-West Lifeco has a one year low of C$33.01 and a one year high of C$37.79. The firm has a market capitalization of $33,510.00, a PE ratio of 15.67 and a beta of 0.59.

In other Great-West Lifeco news, Director James Mahase Singh acquired 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The shares were purchased at an average price of C$35.05 per share, with a total value of C$35,050.00. Also, insider Jeffrey Frederick Macoun sold 3,620 shares of the firm’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of C$35.29, for a total transaction of C$127,749.80.

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Great-West Lifeco Company Profile

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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