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

Great-West Lifeco Inc. (OTCMKTS:GWLIF) has received an average recommendation of “Moderate Buy” from the eight analysts that are covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

Several analysts have recently weighed in on the stock. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Great-West Lifeco in a research note on Friday, May 8th. Scotiabank reaffirmed an “outperform” rating on shares of Great-West Lifeco in a research report on Wednesday, April 29th. TD Securities reaffirmed a “buy” rating on shares of Great-West Lifeco in a research report on Thursday, May 7th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Great-West Lifeco in a research report on Friday, May 8th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Great-West Lifeco in a research report on Monday, May 11th.

Great-West Lifeco Stock Down 0.4%

Great-West Lifeco stock opened at $62.35 on Tuesday. The company has a 50 day moving average price of $57.02 and a 200-day moving average price of $50.72. Great-West Lifeco has a fifty-two week low of $36.76 and a fifty-two week high of $63.60.

About Great-West Lifeco

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.