Great-West Lifeco Inc. (OTCMKTS:GWLIF – Get Free Report)’s share price passed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $64.95 and traded as high as $65.25. Great-West Lifeco shares last traded at $65.04, with a volume of 8,608 shares changing hands.
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on GWLIF. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Great-West Lifeco in a research report on Thursday, July 30th. TD Securities reaffirmed a “buy” rating on shares of Great-West Lifeco in a research report on Wednesday, July 29th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Great-West Lifeco in a research note on Thursday, July 30th. Finally, Scotiabank reiterated an “outperform” rating on shares of Great-West Lifeco in a research note on Wednesday, July 15th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Great-West Lifeco has an average rating of “Moderate Buy”.
Get Our Latest Stock Analysis on Great-West Lifeco
Great-West Lifeco Stock Performance
The firm has a 50 day simple moving average of $64.95 and a 200-day simple moving average of $60.63.
About Great-West Lifeco
Great-West Lifeco Inc is a Canadian financial services holding company that provides insurance, retirement, investment and asset-management solutions through subsidiaries and affiliated businesses. Its offerings include life and health insurance, wealth management, annuities, workplace retirement plans, individual investment products and reinsurance services.
The company serves individual, employer and institutional customers through operations in Canada, the United States and Europe. Its principal businesses include Canada Life in Canada and the United Kingdom, Empower in the United States, Irish Life in Ireland and Great-West Life and Annuity Insurance-related operations.
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