Shares of Great-West Lifeco Inc. (OTCMKTS:GWLIF – Get Free Report) have been given an average recommendation of “Moderate Buy” by the eight ratings firms that are currently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.
Several research firms recently issued reports on GWLIF. Scotiabank reissued an “outperform” rating on shares of Great-West Lifeco in a research note on Wednesday, July 15th. Royal Bank Of Canada restated a “sector perform” rating on shares of Great-West Lifeco in a research note on Thursday, July 30th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Great-West Lifeco in a report on Thursday, July 30th. Finally, TD Securities reiterated a “buy” rating on shares of Great-West Lifeco in a research report on Wednesday, July 29th.
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Great-West Lifeco Stock Performance
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.
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