Great-West Lifeco Coverage Initiated at RBC Capital (GWO)
RBC Capital assumed coverage on shares of Great-West Lifeco (TSE:GWO) in a research note issued on Friday, American Banking News.com reports. The firm set a “sector perform” rating and a C$33.00 price target on the stock. RBC Capital’s price target suggests a potential upside of 2.23% from the stock’s previous close.
GWO has been the subject of a number of other recent research reports. Analysts at National Bank Financial raised their price target on shares of Great-West Lifeco from C$34.00 to C$35.00 in a research note to investors on Friday, November 8th. Separately, analysts at CIBC raised their price target on shares of Great-West Lifeco from C$31.00 to C$34.00 in a research note to investors on Friday, November 8th. They now have a “sector perform” rating on the stock. Finally, analysts at Scotiabank initiated coverage on shares of Great-West Lifeco in a research note to investors on Friday, November 8th. They set a “sector perform” rating and a C$31.00 price target on the stock. Eight investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of C$31.91.
Great-West Lifeco (TSE:GWO) opened at 32.28 on Friday. Great-West Lifeco has a 52-week low of $24.51 and a 52-week high of $33.56. The stock has a 50-day moving average of $32.43 and a 200-day moving average of $30.84. The company has a market cap of $32.283 billion and a price-to-earnings ratio of 16.38.
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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