Royal Bank of Canada Raises Great-West Lifeco (GWO) Price Target to C$37.00

Share on StockTwits

Great-West Lifeco (TSE:GWO) had its price target boosted by Royal Bank of Canada from C$36.00 to C$37.00 in a research note published on Tuesday. They currently have a sector perform rating on the stock.

Other equities research analysts have also recently issued research reports about the stock. Canaccord Genuity lowered their price target on shares of Great-West Lifeco from C$35.00 to C$34.00 in a research report on Friday, February 8th. Eight Capital upped their price target on shares of Great-West Lifeco from C$29.00 to C$30.00 in a research report on Friday, February 8th. BMO Capital Markets lowered their price target on shares of Great-West Lifeco from C$33.00 to C$32.00 in a research report on Friday, January 25th. Desjardins upped their price target on shares of Great-West Lifeco from C$33.00 to C$34.00 in a research report on Tuesday. Finally, TD Securities lowered their price target on shares of Great-West Lifeco from C$34.00 to C$33.00 and set a hold rating for the company in a research report on Friday, February 8th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Great-West Lifeco currently has a consensus rating of Hold and an average price target of C$33.39.

Great-West Lifeco stock opened at C$31.41 on Tuesday. The stock has a market capitalization of $31.31 billion and a price-to-earnings ratio of 10.49. The company has a debt-to-equity ratio of 25.24, a current ratio of 8.90 and a quick ratio of 8.22. Great-West Lifeco has a 1 year low of C$26.83 and a 1 year high of C$34.45.

Great-West Lifeco (TSE:GWO) last announced its quarterly earnings results on Thursday, February 7th. The company reported C$0.72 earnings per share for the quarter, missing the consensus estimate of C$0.73 by C($0.01). The firm had revenue of C$11.70 billion for the quarter. As a group, research analysts expect that Great-West Lifeco will post 3.30000003194579 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 29th will be given a $0.413 dividend. This represents a $1.65 annualized dividend and a dividend yield of 5.26%. The ex-dividend date is Thursday, February 28th. This is a boost from Great-West Lifeco’s previous quarterly dividend of $0.39. Great-West Lifeco’s dividend payout ratio is presently 51.97%.

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, and Europe. 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 savings and income, accumulation, and annuity products.

Featured Article: What is a Swap?

Analyst Recommendations for Great-West Lifeco (TSE:GWO)

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.



Latest News

RPg Family Wealth Advisory LLC Takes $51,000 Position in Nike Inc
RPg Family Wealth Advisory LLC Takes $51,000 Position in Nike Inc
California Water Service Group  Stake Boosted by Mackay Shields LLC
California Water Service Group Stake Boosted by Mackay Shields LLC
Iron Mountain Inc  Shares Bought by Mackay Shields LLC
Iron Mountain Inc Shares Bought by Mackay Shields LLC
Mackay Shields LLC Sells 33,981 Shares of Integer Holdings Corp
Mackay Shields LLC Sells 33,981 Shares of Integer Holdings Corp
Allogene Therapeutics  & Its Peers Head to Head Contrast
Allogene Therapeutics & Its Peers Head to Head Contrast
Financial Analysis: PBF Energy  & Mission Newenergy
Financial Analysis: PBF Energy & Mission Newenergy


© 2006-2019 Ticker Report