Great-West Lifeco (GWO) Posts Quarterly Earnings, Meets Expectations
Great-West Lifeco (TSE:GWO) announced its earnings results on Friday. The company reported $0.62 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.62, AnalystRatingsNetwork.com reports.
A number of analysts have recently weighed in on GWO shares. Analysts at National Bank Financial raised their price target on shares of Great-West Lifeco from C$33.00 to C$34.00 in a research note on Thursday. They now have a “sector perform” rating on the stock. On a related note, analysts at Canaccord Genuity upgraded shares of Great-West Lifeco from a “sell” rating to a “hold” rating in a research note on Friday, July 25th. Finally, analysts at CIBC cut their price target on shares of Great-West Lifeco from C$34.00 to C$33.00 in a research note on Tuesday, July 22nd. They now have a “sector perform” rating on the stock. Seven research analysts have rated the stock with a hold rating, Great-West Lifeco currently has a consensus rating of “Hold” and a consensus target price of C$33.50.
Shares of Great-West Lifeco (TSE:GWO) opened at 31.40 on Friday. Great-West Lifeco has a 52 week low of $28.61 and a 52 week high of $33.56. The stock’s 50-day moving average is $30.7 and its 200-day moving average is $30.51. The company has a market cap of $31.374 billion and a price-to-earnings ratio of 13.15.
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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