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

Shares of Great-West Lifeco Inc. (OTCMKTS:GWLIF) have earned a consensus recommendation of “Moderate Buy” from the eight analysts that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company.

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

Great-West Lifeco Price Performance

GWLIF stock opened at $46.14 on Friday. The business’s fifty day moving average is $46.61 and its 200-day moving average is $44.76. Great-West Lifeco has a twelve month low of $32.87 and a twelve month high of $51.11.

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.