Great-West Lifeco Inc. (OTCMKTS:GWLIF) Receives Average Recommendation of “Moderate Buy” from Analysts

Great-West Lifeco Inc. (OTCMKTS:GWLIF) has received a consensus rating of “Moderate Buy” from the seven brokerages that are currently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

Several equities research analysts have recently weighed in on the stock. Scotiabank reissued an “outperform” rating on shares of Great-West Lifeco in a research report on Thursday, February 5th. BMO Capital Markets reissued a “market perform” rating on shares of Great-West Lifeco in a research report on Friday, February 13th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Great-West Lifeco in a research report on Friday, February 13th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Great-West Lifeco in a report on Thursday, January 8th. Finally, Jefferies Financial Group raised shares of Great-West Lifeco to a “buy” rating in a report on Thursday, February 12th.

Great-West Lifeco Price Performance

GWLIF opened at $48.22 on Thursday. The company has a 50-day moving average of $46.42 and a 200-day moving average of $45.46. Great-West Lifeco has a 1-year low of $32.87 and a 1-year high of $51.11.

Great-West Lifeco Company Profile

Great-West Lifeco Inc, trading on the OTCMKTS under the symbol GWLIF, is a Canadian-based financial services holding company. Headquartered in Winnipeg, Manitoba, it operates as a subsidiary of Power Financial Corporation and offers a broad range of insurance, retirement, and investment solutions. The company traces its heritage to the founding of Great-West Life Assurance Company in 1891 and was organized as a distinct holding entity in 2003 to oversee its growing global operations.

The firm’s primary lines of business include life, health and group insurance, as well as retirement savings products and employee benefit plans.