Eight Capital Cuts Great-West Lifeco Inc (GWO) Price Target to C$37.00
Great-West Lifeco Inc (TSE:GWO) had its price objective cut by investment analysts at Eight Capital from C$38.00 to C$37.00 in a research note issued on Friday. Eight Capital’s price objective indicates a potential upside of 2.86% from the stock’s current price.
Other research analysts also recently issued reports about the company. Royal Bank Of Canada upped their price target on Great-West Lifeco from C$35.00 to C$36.00 in a research note on Friday. Barclays PLC upped their price objective on Great-West Lifeco from C$37.00 to C$38.00 in a report on Friday. Finally, CSFB upped their price objective on Great-West Lifeco from C$37.00 to C$39.00 in a report on Wednesday. One equities research analyst has rated the stock with a sell rating and seven have issued a hold rating to the stock. Great-West Lifeco presently has an average rating of “Hold” and an average price target of C$37.27.
Shares of Great-West Lifeco (GWO) traded down C$0.02 during midday trading on Friday, hitting C$36.01. The stock had a trading volume of 184,801 shares.
In other news, insider Lifeco U.S. Holding Great-West acquired 81,387 shares of Great-West Lifeco stock in a transaction dated Saturday, September 30th. The stock was purchased at an average cost of C$35.62 per share, for a total transaction of C$2,899,004.94.
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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