Great-West Lifeco (TSE:GWO) Given New C$44.00 Price Target at TD Securities

Great-West Lifeco (TSE:GWO) had its price target upped by stock analysts at TD Securities from C$43.00 to C$44.00 in a research note issued to investors on Wednesday, BayStreet.CA reports. The firm currently has a “hold” rating on the stock. TD Securities’ price objective suggests a potential upside of 10.36% from the company’s previous close.

A number of other research firms have also recently weighed in on GWO. Jefferies Financial Group cut their price objective on shares of Great-West Lifeco from C$46.00 to C$42.00 in a research report on Thursday, July 18th. National Bankshares upped their price target on shares of Great-West Lifeco from C$42.00 to C$43.00 and gave the company a “sector perform” rating in a report on Thursday, May 2nd. Royal Bank of Canada increased their price objective on shares of Great-West Lifeco from C$44.00 to C$45.00 and gave the stock a “sector perform” rating in a research report on Friday, May 3rd. Finally, BMO Capital Markets boosted their target price on Great-West Lifeco from C$44.00 to C$45.00 and gave the company an “outperform” rating in a research report on Friday, May 3rd. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, Great-West Lifeco presently has a consensus rating of “Hold” and a consensus target price of C$43.56.

Great-West Lifeco Trading Down 1.8 %

Shares of TSE GWO traded down C$0.75 during trading hours on Wednesday, hitting C$39.87. 359,559 shares of the company traded hands, compared to its average volume of 2,502,964. The company’s 50 day moving average price is C$40.32 and its 200 day moving average price is C$41.72. Great-West Lifeco has a 12 month low of C$37.06 and a 12 month high of C$45.18. The stock has a market capitalization of C$37.19 billion, a price-to-earnings ratio of 11.38, a price-to-earnings-growth ratio of 2.26 and a beta of 0.87. The company has a current ratio of 37.37, a quick ratio of 22.18 and a debt-to-equity ratio of 29.96.

Insider Transactions at Great-West Lifeco

In other Great-West Lifeco news, Director Olivier Desmarais sold 1,029 shares of Great-West Lifeco stock in a transaction on Monday, June 3rd. The stock was sold at an average price of C$40.88, for a total transaction of C$42,065.52. Corporate insiders own 70.58% of the company’s stock.

About Great-West Lifeco

Great-West Lifeco Inc engages in the life and health insurance, retirement and investment services, asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers life, accidental death and dismemberment, disability, critical illness, health and dental protection, and creditor insurance products; and retirement and wealth savings, income and annuity products, and other specialty products to individuals, families, businesses, and organizations.