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

Shares of Great-West Lifeco Inc. (OTCMKTS:GWLIF) have been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

Several equities research analysts have recently commented on GWLIF shares. UBS Group started coverage on Great-West Lifeco in a research note on Thursday, October 16th. They set a “buy” rating for the company. National Bankshares reissued a “sector perform” rating on shares of Great-West Lifeco in a research note on Thursday, November 6th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Great-West Lifeco in a research report on Monday, November 10th.

Great-West Lifeco Stock Performance

Shares of GWLIF stock opened at $49.48 on Tuesday. The stock’s 50-day moving average price is $45.29 and its 200 day moving average price is $41.16. Great-West Lifeco has a 52-week low of $30.70 and a 52-week high of $51.11.

Great-West Lifeco Company Profile

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.