National Bank Financial Lowers Great-West Lifeco (OTCMKTS:GWLIF) Price Target to C$38.00

Great-West Lifeco (OTCMKTS:GWLIFGet Rating) had its target price cut by analysts at National Bank Financial from C$39.00 to C$38.00 in a report released on Wednesday, The Fly reports.

A number of other research firms have also recently commented on GWLIF. Scotiabank cut their price objective on Great-West Lifeco from C$42.00 to C$41.00 in a research report on Friday, February 11th. BMO Capital Markets lifted their target price on shares of Great-West Lifeco from C$41.00 to C$42.00 in a research report on Monday, February 14th. Barclays upped their price target on shares of Great-West Lifeco from C$42.00 to C$45.00 in a research report on Friday, February 11th. Finally, Desjardins increased their price objective on Great-West Lifeco from C$40.00 to C$42.00 in a research note on Monday, February 14th. Nine research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $41.40.

GWLIF stock traded up $0.08 during midday trading on Wednesday, hitting $29.23. 3,100 shares of the stock traded hands, compared to its average volume of 4,858. Great-West Lifeco has a 1-year low of $26.99 and a 1-year high of $32.70. The stock’s fifty day simple moving average is $29.36 and its 200-day simple moving average is $29.95.

Great-West Lifeco Company Profile (Get Rating)

Great-West Lifeco Inc, a financial services holding company, engages in the life and health insurance, retirement and investment services, asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers a portfolio of financial and benefit plan solutions for individuals, families, businesses, and organizations; life, disability, critical illness, accidental death, dismemberment, health and dental protection, and creditor insurance products; and retirement savings and income, annuity, and other specialty products.

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