Great-West Lifeco Given Sector Perform Rating at CIBC (GWO)
Great-West Lifeco (TSE:GWO)‘s stock had its “sector perform” rating reaffirmed by investment analysts at CIBC in a note issued to investors on Thursday, American Banking News reports.
Great-West Lifeco (TSE:GWO) traded up 0.69% during mid-day trading on Thursday, hitting $30.56. The stock had a trading volume of 212,082 shares. Great-West Lifeco has a 52-week low of $22.18 and a 52-week high of $31.33. The stock has a 50-day moving average of $30.28 and a 200-day moving average of $28.64. The company has a market cap of $29.087 billion and a P/E ratio of 15.10.
GWO has been the subject of a number of other recent research reports. Analysts at RBC Capital raised their price target on shares of Great-West Lifeco from C$28.00 to C$30.00 in a research note to investors on Monday, August 19th. They now have a “sector perform” rating on the stock. Separately, analysts at BMO Capital Markets raised their price target on shares of Great-West Lifeco from C$30.00 to C$32.00 in a research note to investors on Friday, August 2nd. They now have a “market perform” rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Great-West Lifeco from C$30.00 to C$31.00 in a research note to investors on Thursday, August 1st. They now have a “hold” rating on the stock. Nine research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Great-West Lifeco has an average rating of “Hold” and an average price target of C$30.00.
Great-West Lifeco Inc (TSE:GWO) is a financial services holding company with interests in the life insurance, health insurance, asset management, investment and retirement savings and reinsurance businesses.
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