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

Shares of Great-West Lifeco Inc. (OTCMKTS:GWLIF) have been given a consensus recommendation of “Moderate Buy” by the eight research firms that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

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

Great-West Lifeco Price Performance

Shares of GWLIF stock opened at $66.24 on Friday. Great-West Lifeco has a 52-week low of $36.88 and a 52-week high of $66.81. The company’s 50 day moving average is $60.42 and its 200 day moving average is $52.40.

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.