Great-West Lifeco (TSE:GWO) Given New C$39.00 Price Target at Scotiabank

Great-West Lifeco (TSE:GWO) had its price target cut by Scotiabank from C$40.00 to C$39.00 in a report released on Friday, February 9th. They currently have a sector perform rating on the stock.

A number of other equities research analysts have also issued reports on GWO. CSFB upped their price target on Great-West Lifeco from C$37.00 to C$39.00 in a research report on Wednesday, November 1st. Barclays increased their price objective on Great-West Lifeco from C$37.00 to C$38.00 in a research report on Friday, November 3rd. Royal Bank of Canada upped their price target on Great-West Lifeco from C$35.00 to C$36.00 in a research note on Friday, November 3rd. Eight Capital decreased their price target on Great-West Lifeco from C$38.00 to C$37.00 in a research note on Friday, November 3rd. Finally, National Bank Financial upped their price target on Great-West Lifeco from C$36.00 to C$38.00 and gave the stock an outperform rating in a research note on Friday, November 17th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of C$37.44.

Shares of Great-West Lifeco (GWO) opened at C$33.93 on Friday. The stock has a market capitalization of $33,550.00, a P/E ratio of 15.64 and a beta of 0.59. Great-West Lifeco has a 52-week low of C$33.01 and a 52-week high of C$37.79.

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

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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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