Great-West Lifeco Inc. (GWO) PT Raised to C$33.00
Great-West Lifeco Inc. (TSE:GWO) had its price objective hoisted by stock analysts at Barclays PLC from C$32.00 to C$33.00 in a research report issued to clients and investors on Thursday. Barclays PLC’s price target would suggest a potential downside of 0.42% from the stock’s previous close.
Several other equities analysts have also recently issued reports on the stock. Scotiabank reaffirmed a “sector perform” rating and issued a C$37.00 price objective on shares of Great-West Lifeco in a research note on Thursday, August 4th. BMO Capital Markets cut shares of Great-West Lifeco from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from C$40.00 to C$35.00 in a research note on Friday, August 5th. CSFB lowered their price objective on shares of Great-West Lifeco from C$36.00 to C$34.00 and set an “underperform” rating on the stock in a research note on Tuesday, August 23rd. Dundee Securities reaffirmed a “neutral” rating and issued a C$32.00 price objective on shares of Great-West Lifeco in a research note on Wednesday, September 21st. Finally, Canaccord Genuity cut shares of Great-West Lifeco from a “hold” rating to a “sell” rating and lowered their price objective for the stock from C$34.00 to C$33.00 in a research note on Tuesday, July 26th. Three research analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of C$34.27.
Shares of Great-West Lifeco (TSE:GWO) traded up 0.03% during trading on Thursday, reaching $33.14. 366,505 shares of the company traded hands. Great-West Lifeco has a 12 month low of $30.83 and a 12 month high of $37.10. The firm has a 50-day moving average price of $32.13 and a 200-day moving average price of $33.85. The firm has a market capitalization of $32.85 billion and a PE ratio of 12.24.
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The business also recently declared a quarterly dividend, which was paid on Friday, September 30th. Investors of record on Friday, September 30th were issued a dividend of $0.346 per share. This represents a $1.38 annualized dividend and a dividend yield of 4.18%. The ex-dividend date of this dividend was Wednesday, August 31st.
Great-West Lifeco Company Profile
Great-West Lifeco Inc (Lifeco) is a financial services holding company. The Company has interests in the life insurance, health insurance, asset management, investment and retirement savings, and reinsurance businesses. It operates through four operating segments: Canada, United States, Europe and Lifeco Corporate.
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