Great-West Lifeco Inc. (GWO) PT Raised to C$33.00 at Barclays PLC
Great-West Lifeco Inc. (TSE:GWO) had its price target raised by equities researchers at Barclays PLC from C$32.00 to C$33.00 in a research note issued on Thursday. Barclays PLC’s target price suggests a potential downside of 0.39% from the stock’s current price.
Other research analysts have also recently issued reports about the company. TD Securities reaffirmed a “hold” rating and set a C$36.00 price objective on shares of Great-West Lifeco in a research report on Friday, August 5th. Canaccord Genuity lowered their price objective on Great-West Lifeco from C$36.00 to C$34.00 and set a “hold” rating for the company in a research report on Monday, June 27th. BMO Capital Markets cut Great-West Lifeco from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from C$40.00 to C$35.00 in a research report on Friday, August 5th. Dundee Securities reaffirmed a “neutral” rating and set a C$32.00 price objective on shares of Great-West Lifeco in a research report on Wednesday, September 21st. Finally, Royal Bank Of Canada lowered their price objective on Great-West Lifeco from C$34.00 to C$33.00 and set a “sector perform” rating for the company in a research report on Monday, August 8th. Three investment analysts have rated the stock with a sell rating and nine have given a hold rating to the stock. Great-West Lifeco has an average rating of “Hold” and an average price target of C$34.27.
Shares of Great-West Lifeco (TSE:GWO) traded up 0.72% during midday trading on Thursday, reaching $33.37. 210,439 shares of the company were exchanged. The company has a 50 day moving average price of $32.13 and a 200-day moving average price of $33.85. The stock has a market capitalization of $33.07 billion and a P/E ratio of 12.33. Great-West Lifeco has a 12-month low of $30.83 and a 12-month high of $37.10.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Friday, September 30th were given a dividend of $0.346 per share. The ex-dividend date of this dividend was Wednesday, August 31st. This represents a $1.38 dividend on an annualized basis and a yield of 4.18%.
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.
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