Shares of Great-West Lifeco Inc. (OTCMKTS:GWLIF – Get Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $54.53 and traded as high as $60.75. Great-West Lifeco shares last traded at $60.75, with a volume of 677 shares traded.
Analyst Upgrades and Downgrades
A number of research analysts recently commented on the company. TD Securities restated a “buy” rating on shares of Great-West Lifeco in a research report on Thursday, May 7th. Scotiabank restated an “outperform” rating on shares of Great-West Lifeco in a research report on Wednesday, April 29th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Great-West Lifeco in a research report on Friday, May 8th. Royal Bank Of Canada restated a “sector perform” rating on shares of Great-West Lifeco in a research report on Monday, May 11th. Finally, BMO Capital Markets restated a “market perform” rating on shares of Great-West Lifeco in a research report on Friday, May 8th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.
Read Our Latest Analysis on Great-West Lifeco
Great-West Lifeco Price Performance
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.
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