Shares of Great-West Lifeco Inc. (OTCMKTS:GWLIF – Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $51.50 and traded as high as $57.53. Great-West Lifeco shares last traded at $57.53, with a volume of 13,032 shares trading hands.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on GWLIF shares. TD Securities reissued a “buy” rating on shares of Great-West Lifeco in a research note on Thursday, May 7th. Scotiabank reissued an “outperform” rating on shares of Great-West Lifeco in a research note on Wednesday, April 29th. BMO Capital Markets reissued a “market perform” rating on shares of Great-West Lifeco in a research note on Friday, May 8th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Great-West Lifeco in a research note on Friday, May 8th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Great-West Lifeco in a research report on Monday, May 11th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.
View Our Latest Report on GWLIF
Great-West Lifeco Stock Performance
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.
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