Great-West Lifeco Inc. (OTCMKTS:GWLIF – Get Free Report)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $60.42 and traded as high as $66.8150. Great-West Lifeco shares last traded at $66.2375, with a volume of 97,119 shares changing hands.
Analyst Ratings Changes
Several equities analysts have issued reports on the stock. TD Securities restated a “buy” rating on shares of Great-West Lifeco in a research report on Thursday, May 7th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Great-West Lifeco in a report on Friday, May 8th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Great-West Lifeco in a report on Monday, May 11th. Scotiabank reiterated an “outperform” rating on shares of Great-West Lifeco in a research note on Wednesday. Finally, BMO Capital Markets reissued a “market perform” rating on shares of Great-West Lifeco in a report on Friday, May 8th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Great-West Lifeco currently has an average rating of “Moderate Buy”.
Read Our Latest Stock Report on GWLIF
Great-West Lifeco Stock Down 0.0%
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.
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