Great-West Lifeco Inc. (OTCMKTS:GWLIF) Receives Consensus Rating of “Moderate Buy” from Brokerages

Great-West Lifeco Inc. (OTCMKTS:GWLIF) has been assigned an average recommendation of “Moderate Buy” from the eight ratings firms that are covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company.

A number of research firms have recently weighed in on GWLIF. Royal Bank Of Canada reissued a “sector perform” rating on shares of Great-West Lifeco in a research report on Monday, May 11th. TD Securities reaffirmed a “buy” rating on shares of Great-West Lifeco in a research report on Thursday, May 7th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Great-West Lifeco in a research note on Friday, May 8th. BMO Capital Markets reissued a “market perform” rating on shares of Great-West Lifeco in a report on Friday, May 8th. Finally, Scotiabank restated an “outperform” rating on shares of Great-West Lifeco in a research note on Wednesday.

Great-West Lifeco Stock Down 0.0%

OTCMKTS GWLIF opened at $66.24 on Friday. The firm’s fifty day simple moving average is $60.42 and its two-hundred day simple moving average is $52.40. Great-West Lifeco has a 12-month low of $36.88 and a 12-month high of $66.81.

About Great-West Lifeco

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.