Great West Lifeco Com Npv (GWLIF) Cut to “Sell” at Canaccord Genuity

Great West Lifeco Com Npv (OTCMKTS:GWLIF) was downgraded by research analysts at Canaccord Genuity from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday. They currently have a $33.00 price target on the stock, down from their prior price target of $34.00. Canaccord Genuity’s target price points to a potential upside of 27.36% from the company’s current price.

A number of other equities research analysts also recently issued reports on GWLIF. Credit Suisse Group AG downgraded Great West Lifeco Com Npv from a “neutral” rating to an “underperform” rating in a research report on Friday, April 1st. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $37.00 price objective (down previously from $38.00) on shares of Great West Lifeco Com Npv in a research report on Saturday, May 7th. Finally, Scotiabank reiterated a “sector perform” rating and issued a $38.00 price objective on shares of Great West Lifeco Com Npv in a research report on Thursday, June 9th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $36.40.

Great West Lifeco Com Npv (OTCMKTS:GWLIF) traded down 2.4782% during midday trading on Tuesday, hitting $25.2679. The company’s stock had a trading volume of 2,351 shares. The stock has a 50 day moving average of $26.46 and a 200 day moving average of $26.28. Great West Lifeco Com Npv has a 52-week low of $21.95 and a 52-week high of $29.58. The company has a market cap of $25.10 billion and a PE ratio of 12.2779.