Shares of Great-West Lifeco Inc (TSE:GWO) have received an average rating of “Hold” from the eleven analysts that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating and six have given a hold rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is C$36.70.

GWO has been the subject of a number of research analyst reports. BMO Capital Markets reissued a “market perform” rating and set a C$39.00 target price on shares of Great-West Lifeco in a research report on Wednesday, April 26th. CIBC increased their target price on shares of Great-West Lifeco from C$37.00 to C$39.00 in a research report on Wednesday, April 26th. Scotiabank dropped their target price on shares of Great-West Lifeco from C$41.00 to C$39.00 and set a “sector perform” rating for the company in a research report on Friday, May 5th. TD Securities downgraded shares of Great-West Lifeco from a “buy” rating to a “hold” rating and dropped their target price for the stock from C$42.00 to C$37.00 in a research report on Friday, May 5th. Finally, Barclays PLC increased their target price on shares of Great-West Lifeco from C$36.00 to C$37.00 in a research report on Wednesday, July 12th.

COPYRIGHT VIOLATION WARNING: “Great-West Lifeco Inc (GWO) Given Consensus Rating of “Hold” by Brokerages” was originally reported by Daily Political and is the sole property of of Daily Political. If you are viewing this article on another website, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The legal version of this article can be accessed at https://www.dailypolitical.com/2017/08/12/great-west-lifeco-inc-gwo-given-consensus-rating-of-hold-by-brokerages.html.

In other news, insider Lifeco U.S. Holding Great-West sold 33,665 shares of the stock in a transaction that occurred on Friday, June 30th. The stock was sold at an average price of C$34.11, for a total transaction of C$1,148,313.15.

Shares of Great-West Lifeco (TSE:GWO) opened at 35.47 on Friday. The company’s 50-day moving average is $35.40 and its 200 day moving average is $35.73. Great-West Lifeco has a 52-week low of $30.83 and a 52-week high of $37.79. The firm has a market capitalization of $35.11 billion and a PE ratio of 13.90.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 1st will be issued a $0.367 dividend. This represents a $1.47 dividend on an annualized basis and a yield of 4.14%. The ex-dividend date is Wednesday, August 30th.

About Great-West Lifeco

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.

Analyst Recommendations for Great-West Lifeco (TSE:GWO)

Receive News & Ratings for Great-West Lifeco Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great-West Lifeco Inc and related companies with MarketBeat.com's FREE daily email newsletter.