Great-West Lifeco (GWO) Hits New 12-Month Low at $33.01
Great-West Lifeco (TSE:GWO) reached a new 52-week low on Thursday . The company traded as low as C$33.01 and last traded at C$33.18, with a volume of 404698 shares. The stock had previously closed at C$33.81.
A number of equities research analysts have weighed in on GWO shares. CIBC downgraded Great-West Lifeco from an “outperform” rating to a “negative” rating in a research report on Friday, February 9th. Barclays cut their target price on Great-West Lifeco from C$38.00 to C$36.00 in a research report on Thursday, January 11th. BMO Capital Markets cut their target price on Great-West Lifeco from C$38.00 to C$37.00 in a research report on Friday, February 9th. Eight Capital cut their target price on Great-West Lifeco from C$37.00 to C$36.00 in a research report on Friday, February 9th. Finally, National Bank Financial upped their target price on Great-West Lifeco from C$38.00 to C$39.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 24th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of C$37.44.
The stock has a market cap of $33,690.00, a price-to-earnings ratio of 15.58 and a beta of 0.59.
In other Great-West Lifeco news, insider Paul Mahon sold 150,000 shares of the company’s stock in a transaction on Friday, March 9th. The stock was sold at an average price of C$33.81, for a total value of C$5,071,500.00. Also, Director Arshil Jamal sold 25,000 shares of the company’s stock in a transaction on Thursday, March 8th. The shares were sold at an average price of C$34.00, for a total value of C$850,000.00.
ILLEGAL ACTIVITY NOTICE: This story was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this story on another site, it was copied illegally and reposted in violation of U.S. and international copyright law. The legal version of this story can be read at https://www.thecerbatgem.com/2018/03/22/great-west-lifeco-gwo-hits-new-12-month-low-at-33-01.html.
About Great-West Lifeco
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.
Receive News & Ratings for Great-West Lifeco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great-West Lifeco and related companies with MarketBeat.com's FREE daily email newsletter.