Great-West Lifeco Inc. (OTCMKTS:GWLIF – Get Free Report)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $60.42 and traded as high as $66.8150. Great-West Lifeco shares last traded at $66.2375, with a volume of 97,119 shares changing hands.
Analyst Upgrades and Downgrades
Several brokerages recently commented on GWLIF. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Great-West Lifeco in a research note on Friday, May 8th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Great-West Lifeco in a research report on Friday, May 8th. Scotiabank reiterated an “outperform” rating on shares of Great-West Lifeco in a report on Wednesday. TD Securities reiterated a “buy” rating on shares of Great-West Lifeco in a research report on Thursday, May 7th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Great-West Lifeco in a research note on Monday, May 11th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Great-West Lifeco presently has an average rating of “Moderate Buy”.
View Our Latest Research Report on Great-West Lifeco
Great-West Lifeco Price Performance
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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