Great-West Lifeco Inc. (OTCMKTS:GWLIF) Given Average Recommendation of “Moderate Buy” by Analysts

Great-West Lifeco Inc. (OTCMKTS:GWLIF) has received a consensus rating of “Moderate Buy” from the eight brokerages that are covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and five have given 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, February 13th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Great-West Lifeco in a research note on Friday, February 13th. Scotiabank reiterated an “outperform” rating on shares of Great-West Lifeco in a report on Thursday, February 5th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Great-West Lifeco in a research note on Thursday, January 8th. Finally, Jefferies Financial Group upgraded Great-West Lifeco to a “buy” rating in a report on Thursday, February 12th.

Great-West Lifeco Price Performance

OTCMKTS GWLIF opened at $45.88 on Friday. Great-West Lifeco has a 1-year low of $32.87 and a 1-year high of $51.11. The firm’s fifty day simple moving average is $46.83 and its 200-day simple moving average is $44.51.

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.