Great-West Lifeco Inc. (OTCMKTS:GWLIF) Given Consensus Rating of “Moderate Buy” by Brokerages

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

A number of equities research analysts have weighed in on the company. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Great-West Lifeco in a report on Monday, November 10th. National Bankshares reiterated a “sector perform” rating on shares of Great-West Lifeco in a research report on Thursday, November 6th. Finally, UBS Group initiated coverage on Great-West Lifeco in a research note on Thursday, October 16th. They set a “buy” rating for the company.

Great-West Lifeco Stock Down 0.9%

Shares of GWLIF opened at $49.01 on Tuesday. The company has a 50-day simple moving average of $45.89 and a 200-day simple moving average of $41.47. Great-West Lifeco has a 52 week low of $30.70 and a 52 week high of $51.11.

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.