Great-West Lifeco (GWO) Posts Quarterly Earnings Results, Misses Estimates By $0.01 EPS
Great-West Lifeco (TSE:GWO) issued its quarterly earnings data on Friday. The company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by $0.01, Analyst Ratings News reports.
Shares of Great-West Lifeco (TSE:GWO) traded down 1.35% on Friday, hitting $30.07. The stock had a trading volume of 62,333 shares. Great-West Lifeco has a 1-year low of $27.30 and a 1-year high of $33.56. The stock has a 50-day moving average of $30.22 and a 200-day moving average of $31.3. The company has a market cap of $30.052 billion and a P/E ratio of 13.03.
Several analysts have recently commented on the stock. Analysts at BMO Capital Markets cut their price target on shares of Great-West Lifeco from C$34.00 to C$33.00 in a research note on Friday. On a related note, analysts at Scotiabank reiterated a “sector perform” rating on shares of Great-West Lifeco in a research note on Friday, March 28th. They now have a C$35.00 price target on the stock. Finally, analysts at RBC Capital cut their price target on shares of Great-West Lifeco from C$33.00 to C$32.00 in a research note on Friday, March 21st. They now have a “sector perform” rating on the stock. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. Great-West Lifeco has an average rating of “Hold” and an average price target of C$33.38.
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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