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

Great-West Lifeco Inc. (OTCMKTS:GWLIF – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

Several research firms have weighed in on GWLIF. TD Securities reissued a “buy” rating on shares of Great-West Lifeco in a research note on Wednesday, July 29th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Great-West Lifeco in a research note on Thursday, July 30th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Great-West Lifeco in a report on Thursday, July 30th. Scotiabank reissued an “outperform” rating on shares of Great-West Lifeco in a research note on Wednesday, July 15th. Finally, BMO Capital Markets restated a “market perform” rating on shares of Great-West Lifeco in a report on Friday, May 8th.

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Great-West Lifeco Stock Down 0.4%

Shares of Great-West Lifeco stock opened at $65.69 on Wednesday. Great-West Lifeco has a 52-week low of $38.23 and a 52-week high of $66.81. The company has a fifty day moving average of $63.34 and a 200-day moving average of $54.45.

About Great-West Lifeco

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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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