Research Analysts Issue Forecasts for Great-West Lifeco Inc’s FY2019 Earnings (GWO)
Great-West Lifeco Inc (TSE:GWO) – Stock analysts at Desjardins lowered their FY2019 earnings per share estimates for Great-West Lifeco in a research note issued to investors on Thursday, February 7th. Desjardins analyst D. Young now expects that the company will earn $3.16 per share for the year, down from their prior forecast of $3.18. Desjardins also issued estimates for Great-West Lifeco’s FY2020 earnings at $3.38 EPS.
GWO has been the topic of several other research reports. CIBC cut their price target on shares of Great-West Lifeco from C$36.00 to C$33.00 in a report on Monday, October 29th. National Bank Financial lowered Great-West Lifeco from an “outperform” rating to a “sector perform” rating and lowered their price objective for the company from C$37.00 to C$31.00 in a research report on Thursday, January 24th. Canaccord Genuity lowered their price target on Great-West Lifeco from C$35.00 to C$34.00 in a research report on Friday, February 8th. BMO Capital Markets lowered their price target on Great-West Lifeco from C$36.00 to C$33.00 in a research report on Friday, November 2nd. Finally, Barclays decreased their target price on Great-West Lifeco from C$35.00 to C$32.00 in a research report on Friday, November 2nd.
In other Great-West Lifeco news, Director James Mahase Singh acquired 2,000 shares of the business’s stock in a transaction on Monday, November 26th. The shares were bought at an average price of C$30.78 per share, with a total value of C$61,560.00.
Great-West Lifeco Company Profile
Great-West Lifeco Inc, a financial services holding company, engages in life and health insurance, asset management, investment and retirement savings, and reinsurance businesses in Canada, the United States, Europe, and Asia. The company offers a portfolio of financial and benefit plan solutions for individuals, families, businesses, and organizations; life, disability, critical illness, accidental death, dismemberment, dental protection, direct marketing, health, and creditor insurance products; and wealth accumulation and annuity products.
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