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

Great-West Lifeco Inc. (OTCMKTS:GWLIF) has been given an average rating of “Moderate Buy” by the eight ratings firms that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company.

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

Great-West Lifeco Stock Down 0.9%

Shares of GWLIF stock opened at $62.33 on Thursday. Great-West Lifeco has a fifty-two week low of $39.18 and a fifty-two week high of $67.52. The stock has a 50-day simple moving average of $65.34 and a 200 day simple moving average of $59.90.

About Great-West Lifeco

Great-West Lifeco Inc is a Canadian financial services holding company that provides insurance, retirement, investment and reinsurance products through a group of operating subsidiaries. Its offerings serve individuals, employers and institutions and include life and health insurance, wealth management, retirement plans, annuities and investment management.

The company operates primarily in Canada, the United States and Europe. Its businesses include Canada Life in Canada and the United Kingdom, Empower in the United States, Irish Life in Ireland and Putnam Investments, an asset management firm serving institutional and individual investors.