Great-West Lifeco Inc. (OTCMKTS:GWLIF) Given Consensus Recommendation of “Moderate Buy” by Analysts

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

Several analysts have recently weighed in on the stock. Scotiabank reaffirmed an “outperform” rating on shares of Great-West Lifeco in a report on Wednesday, July 15th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Great-West Lifeco in a research report on Thursday, July 30th. TD Securities reissued a “buy” rating on shares of Great-West Lifeco in a research note on Wednesday, July 29th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Great-West Lifeco in a report on Thursday, July 30th.

Great-West Lifeco Trading Up 0.7%

OTCMKTS:GWLIF opened at $66.94 on Friday. Great-West Lifeco has a 1-year low of $38.23 and a 1-year high of $67.05. The firm’s fifty day moving average price is $64.97 and its 200 day moving average price is $56.80.

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.