Weekly Research Analysts’ Ratings Updates for Great-West Lifeco (GWO)

A number of research firms have changed their ratings and price targets for Great-West Lifeco (TSE: GWO):

  • 8/1/2019 – Great-West Lifeco had its price target lowered by analysts at National Bank Financial from C$33.00 to C$31.00. They now have a “sector perform” rating on the stock.
  • 8/1/2019 – Great-West Lifeco had its price target lowered by analysts at TD Securities from C$33.00 to C$31.00. They now have a “hold” rating on the stock.
  • 8/1/2019 – Great-West Lifeco had its price target lowered by analysts at CIBC from C$37.00 to C$32.50.
  • 8/1/2019 – Great-West Lifeco had its price target lowered by analysts at Eight Capital from C$30.00 to C$29.00.
  • 8/1/2019 – Great-West Lifeco had its price target lowered by analysts at BMO Capital Markets from C$34.00 to C$32.00.
  • 7/22/2019 – Great-West Lifeco had its “hold” rating reaffirmed by analysts at Desjardins.

Great-West Lifeco stock traded up C$0.09 during mid-day trading on Thursday, hitting C$28.31. 97,951 shares of the company were exchanged, compared to its average volume of 766,755. The company has a quick ratio of 9.84, a current ratio of 11.91 and a debt-to-equity ratio of 25.37. The business has a fifty day moving average of C$29.03 and a 200 day moving average of C$30.75. Great-West Lifeco Inc has a 1-year low of C$26.83 and a 1-year high of C$34.42. The company has a market capitalization of $26.35 billion and a PE ratio of 10.99.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, August 30th will be paid a dividend of $0.413 per share. The ex-dividend date of this dividend is Thursday, August 29th. This represents a $1.65 annualized dividend and a yield of 5.84%. Great-West Lifeco’s dividend payout ratio is currently 62.24%.

Great-West Lifeco Inc, a financial services holding company, engages in life and health insurance, asset management, investment and retirement savings, and reinsurance businesses in Canada, the United States, and Europe. The company offers a portfolio of financial and benefit plan solutions for individuals, families, businesses, and organizations; life, disability, critical illness, accidental death, dismemberment, dental protection, direct marketing, health, and creditor insurance products; and wealth savings and income, accumulation, and annuity products.

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