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

Great-West Lifeco Inc. (OTCMKTS:GWLIF) has been assigned an average recommendation of “Moderate Buy” from the eight brokerages that are presently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company.

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

Great-West Lifeco Stock Performance

Great-West Lifeco stock opened at $62.96 on Tuesday. The firm has a 50-day moving average price of $56.03 and a 200-day moving average price of $50.28. Great-West Lifeco has a 12-month low of $36.76 and a 12-month 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.