Royal Bank Of Canada Raises Great-West Lifeco Inc (GWO) Price Target to C$36.00
Great-West Lifeco Inc (TSE:GWO) had its target price lifted by equities research analysts at Royal Bank Of Canada from C$35.00 to C$36.00 in a report released on Friday. Royal Bank Of Canada’s price objective points to a potential downside of 0.08% from the company’s current price.
Several other brokerages have also recently issued reports on GWO. Barclays PLC lifted their target price on Great-West Lifeco from C$37.00 to C$38.00 in a report on Friday. CSFB lifted their target price 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 given a hold rating to the company. The stock presently has an average rating of “Hold” and an average target price of C$37.27.
Shares of Great-West Lifeco (TSE GWO) traded up C$0.06 during mid-day trading on Friday, hitting C$36.03. The stock had a trading volume of 291,334 shares, compared to its average volume of 321,249. Great-West Lifeco has a 1 year low of C$32.50 and a 1 year high of C$37.79.
In other Great-West Lifeco news, insider Lifeco U.S. Holding Great-West bought 81,387 shares of the company’s stock in a transaction on Saturday, September 30th. The stock was acquired at an average price 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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