Great-West Lifeco (GWO) Price Target Cut to C$37.00 by Analysts at BMO Capital Markets

Great-West Lifeco (TSE:GWO) had its price objective cut by BMO Capital Markets from C$38.00 to C$37.00 in a report released on Friday morning.

A number of other research analysts have also recently weighed in on the stock. Eight Capital cut their price objective on shares of Great-West Lifeco from C$37.00 to C$36.00 in a research report on Friday. National Bank Financial boosted their price objective on shares of Great-West Lifeco from C$38.00 to C$39.00 and gave the company an outperform rating in a research report on Wednesday, January 24th. Barclays cut their price target on shares of Great-West Lifeco from C$38.00 to C$36.00 in a report on Thursday, January 11th. Royal Bank of Canada upped their price target on shares of Great-West Lifeco from C$35.00 to C$36.00 in a report on Friday, November 3rd. Finally, CSFB upped their price target on shares of Great-West Lifeco from C$37.00 to C$39.00 in a report on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of C$37.44.

Great-West Lifeco (TSE:GWO) opened at C$33.95 on Friday. Great-West Lifeco has a 1 year low of C$33.01 and a 1 year high of C$37.79. The firm has a market cap of $33,630.00, a price-to-earnings ratio of 15.65 and a beta of 0.59.

In other news, insider Jeffrey Frederick Macoun sold 3,620 shares of the company’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of C$35.29, for a total value of C$127,749.80. Also, Director James Mahase Singh purchased 1,000 shares of the business’s stock in a transaction dated Tuesday, December 5th. The stock was bought at an average price of C$35.05 per share, for a total transaction of C$35,050.00.

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Great-West Lifeco Company Profile

Great-West Lifeco Inc (Lifeco) is a financial services holding company. The Company has interests in the life insurance, health insurance, asset management, investment and retirement savings, and reinsurance businesses. It operates through four operating segments: Canada, United States, Europe and Lifeco Corporate.

Analyst Recommendations for Great-West Lifeco (TSE:GWO)

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