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

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

A number of equities analysts have recently commented on the stock. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Great-West Lifeco in a report on Thursday, January 8th. BMO Capital Markets reiterated a “market perform” rating on shares of Great-West Lifeco in a report on Friday, February 13th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Great-West Lifeco in a report on Friday, February 13th. Jefferies Financial Group upgraded shares of Great-West Lifeco to a “buy” rating in a report on Thursday, February 12th. Finally, Scotiabank reiterated an “outperform” rating on shares of Great-West Lifeco in a report on Thursday, February 5th.

Great-West Lifeco Trading Up 2.1%

Shares of OTCMKTS:GWLIF opened at $51.41 on Thursday. The firm’s fifty day moving average is $46.74 and its 200-day moving average is $45.83. Great-West Lifeco has a 52 week low of $32.87 and a 52 week high of $51.45.

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.