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

Great-West Lifeco Inc. (OTCMKTS:GWLIF) has earned a consensus rating of “Moderate Buy” from the eight ratings firms that are presently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company.

Several equities analysts recently weighed in on GWLIF shares. TD Securities reaffirmed a “buy” rating on shares of Great-West Lifeco in a research note on Thursday, May 7th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Great-West Lifeco in a research note on Friday, May 8th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Great-West Lifeco in a research note on Monday, May 11th. Scotiabank reaffirmed an “outperform” rating on shares of Great-West Lifeco in a research note on Wednesday, April 29th. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of Great-West Lifeco in a research note on Friday, May 8th.

Great-West Lifeco Price Performance

Shares of OTCMKTS GWLIF opened at $62.96 on Tuesday. The firm has a fifty day moving average price of $56.03 and a 200-day moving average price of $50.28. Great-West Lifeco has a 1 year low of $36.76 and a 1 year high of $63.60.

About Great-West Lifeco

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.