Great-West Lifeco Inc. (OTCMKTS:GWLIF) Given Average Recommendation of “Moderate Buy” by Analysts

Great-West Lifeco Inc. (OTCMKTS:GWLIF) has been given a consensus recommendation of “Moderate Buy” by the eight research firms that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.

A number of brokerages recently commented on GWLIF. Scotiabank reaffirmed an “outperform” rating on shares of Great-West Lifeco in a research report on Wednesday, July 15th. Royal Bank Of Canada restated a “sector perform” rating on shares of Great-West Lifeco in a report on Monday, May 11th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Great-West Lifeco in a research report on Friday, May 8th. TD Securities reiterated a “buy” rating on shares of Great-West Lifeco in a research note on Thursday, May 7th. Finally, BMO Capital Markets restated a “market perform” rating on shares of Great-West Lifeco in a research note on Friday, May 8th.

Great-West Lifeco Trading Up 0.4%

OTCMKTS:GWLIF opened at $65.43 on Friday. Great-West Lifeco has a 52 week low of $36.88 and a 52 week high of $66.81. The firm has a 50-day moving average price of $61.00 and a two-hundred day moving average price of $52.75.

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.