Great-West Lifeco (GWO) Price Target Cut to C$33.00 by Analysts at BMO Capital Markets

Great-West Lifeco (TSE:GWO) had its target price reduced by BMO Capital Markets from C$36.00 to C$33.00 in a report issued on Friday morning.

GWO has been the subject of several other research reports. CIBC decreased their price target on shares of Great-West Lifeco from C$36.00 to C$33.00 in a research note on Monday, October 29th. Desjardins decreased their price target on shares of Great-West Lifeco from C$35.00 to C$33.00 in a research note on Tuesday, October 16th. Canaccord Genuity set a C$38.00 price target on shares of Great-West Lifeco and gave the company a buy rating in a research note on Tuesday, July 24th. Eight Capital decreased their price target on shares of Great-West Lifeco from C$36.00 to C$35.00 in a research note on Thursday, August 2nd. Finally, TD Securities lifted their price target on shares of Great-West Lifeco from C$36.00 to C$37.00 in a research note on Thursday, August 2nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of C$35.00.

Shares of Great-West Lifeco stock traded up C$0.21 on Friday, hitting C$30.31. 722,100 shares of the company traded hands, compared to its average volume of 567,577. Great-West Lifeco has a 52 week low of C$29.47 and a 52 week high of C$36.30.

Great-West Lifeco (TSE:GWO) last posted its quarterly earnings results on Wednesday, August 1st. The company reported C$0.84 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.75 by C$0.09. The company had revenue of C$10.61 billion for the quarter.

Great-West Lifeco Company Profile

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

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

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