Great-West Lifeco Inc. (OTCMKTS:GWLIF) Given Average Rating of “Moderate Buy” by Analysts

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

A number of brokerages have weighed in on GWLIF. 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. Scotiabank reiterated an “outperform” rating on shares of Great-West Lifeco in a report on Thursday, February 5th. Finally, Jefferies Financial Group upgraded shares of Great-West Lifeco to a “buy” rating in a report on Thursday, February 12th.

Great-West Lifeco Price Performance

Shares of Great-West Lifeco stock opened at $48.97 on Thursday. The stock has a 50 day moving average of $46.50 and a 200 day moving average of $45.59. Great-West Lifeco has a 12 month low of $32.87 and a 12 month high of $51.11.

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.