Shares of Great-West Lifeco Inc. (OTCMKTS:GWLIF – Get Free Report) have been assigned an average rating of “Moderate Buy” from the seven analysts that are currently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company.
Several research firms have recently commented on GWLIF. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Great-West Lifeco in a report on Thursday, January 8th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Great-West Lifeco in a report on Friday, February 13th. BMO Capital Markets reissued a “market perform” rating on shares of Great-West Lifeco in a research note on Friday, February 13th. Scotiabank reissued an “outperform” rating on shares of Great-West Lifeco in a research note on Thursday, February 5th. Finally, Jefferies Financial Group raised shares of Great-West Lifeco to a “buy” rating in a research note on Thursday, February 12th.
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Great-West Lifeco Stock Up 1.7%
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.
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