Great-West Lifeco Inc. (OTCMKTS:GWLIF) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Great-West Lifeco Inc. (OTCMKTS:GWLIF) has earned a consensus rating of “Moderate Buy” from the seven research firms that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

Several research analysts have commented on GWLIF shares. Scotiabank restated an “outperform” rating on shares of Great-West Lifeco in a report on Wednesday, July 15th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Great-West Lifeco in a research note on Thursday, July 30th. TD Securities reaffirmed a “buy” rating on shares of Great-West Lifeco in a report on Wednesday, July 29th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Great-West Lifeco in a research report on Thursday, July 30th.

Great-West Lifeco Price Performance

Shares of GWLIF opened at $65.99 on Monday. Great-West Lifeco has a 1 year low of $42.07 and a 1 year high of $67.52. The stock has a 50 day simple moving average of $64.85 and a two-hundred day simple moving average of $57.21.

Great-West Lifeco Company Profile

Great-West Lifeco Inc is a Canadian financial services holding company and a subsidiary of Power Corporation of Canada. Through its operating companies and subsidiaries, the company provides insurance, retirement and investment products to individuals, employers and institutions.

Its businesses offer life and health insurance, annuities, workplace benefits, retirement plans, wealth management and investment management services. Great-West Lifeco’s principal operating businesses include Canada Life in Canada and Europe, Empower in the United States, Irish Life in Ireland and Putnam Investments, which provides investment management services.

Great-West Lifeco serves customers primarily in Canada, the United States and Europe.