Great-West Lifeco Inc. (OTCMKTS:GWLIF) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Great-West Lifeco Inc. (OTCMKTS:GWLIF) has been given an average recommendation of “Moderate Buy” by the seven brokerages that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

Several research firms recently issued reports on GWLIF. CIBC restated an “outperform” rating on shares of Great-West Lifeco in a research report on Thursday, January 8th. National Bankshares reissued a “sector perform” rating on shares of Great-West Lifeco in a research note on Thursday, November 6th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Great-West Lifeco in a research note on Monday, November 10th. Finally, UBS Group began coverage on shares of Great-West Lifeco in a report on Thursday, October 16th. They set a “buy” rating for the company.

Great-West Lifeco Stock Performance

OTCMKTS GWLIF opened at $47.27 on Friday. The company has a 50-day simple moving average of $47.45 and a two-hundred day simple moving average of $42.58. Great-West Lifeco has a 12-month low of $30.70 and a 12-month high of $51.11.

Great-West Lifeco Company Profile

Great-West Lifeco Inc, trading on the OTCMKTS under the symbol GWLIF, is a Canadian-based financial services holding company. Headquartered in Winnipeg, Manitoba, it operates as a subsidiary of Power Financial Corporation and offers a broad range of insurance, retirement, and investment solutions. The company traces its heritage to the founding of Great-West Life Assurance Company in 1891 and was organized as a distinct holding entity in 2003 to oversee its growing global operations.

The firm’s primary lines of business include life, health and group insurance, as well as retirement savings products and employee benefit plans.