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

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

A number of research analysts have commented on GWLIF shares. Royal Bank Of Canada restated a “sector perform” rating on shares of Great-West Lifeco in a research note on Friday. BMO Capital Markets reissued a “market perform” rating on shares of Great-West Lifeco in a report on Friday. Jefferies Financial Group upgraded Great-West Lifeco to a “buy” rating in a research report on Thursday, February 12th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Great-West Lifeco in a report on Thursday, January 8th. Finally, National Bank Financial reiterated a “sector perform” rating on shares of Great-West Lifeco in a report on Thursday, November 6th.

Great-West Lifeco Stock Performance

Shares of OTCMKTS GWLIF opened at $46.51 on Wednesday. The business has a fifty day simple moving average of $47.58 and a 200 day simple moving average of $43.60. Great-West Lifeco has a one year low of $32.87 and a one year 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.