Great-West Lifeco (TSE:GWO - Get Free Report) had its price target lifted by Barclays from C$45.00 to C$46.00 in a research note issued to investors on Monday,BayStreet.CA reports. Barclays's target price would suggest a potential downside of 2.44% from the company's current price.
GWO has been the subject of a number of other research reports. Royal Bank of Canada lifted their price target on shares of Great-West Lifeco from C$47.00 to C$51.00 in a research note on Friday, November 8th. Jefferies Financial Group lifted their price objective on shares of Great-West Lifeco from C$42.00 to C$48.00 and gave the stock a "hold" rating in a research report on Wednesday, October 16th. Scotiabank increased their target price on Great-West Lifeco from C$44.00 to C$50.00 and gave the company a "sector perform" rating in a report on Wednesday, October 30th. Finally, CIBC lifted their price target on Great-West Lifeco from C$51.00 to C$55.00 in a report on Friday, November 8th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of C$47.75.
Read Our Latest Research Report on GWO
Great-West Lifeco Stock Up 0.2 %
GWO traded up C$0.10 on Monday, hitting C$47.15. 443,498 shares of the company were exchanged, compared to its average volume of 875,052. The company has a current ratio of 37.46, a quick ratio of 22.18 and a debt-to-equity ratio of 29.61. The company has a market cap of C$43.95 billion, a price-to-earnings ratio of 11.85, a price-to-earnings-growth ratio of 2.26 and a beta of 0.84. The firm has a 50-day moving average price of C$48.16 and a two-hundred day moving average price of C$44.86. Great-West Lifeco has a twelve month low of C$38.44 and a twelve month high of C$50.99.
Insider Buying and Selling
In other news, Director Paul Mahon sold 146,826 shares of the company's stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of C$49.88, for a total value of C$7,323,842.39. Also, Senior Officer David Martin Harney sold 562 shares of the firm's stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of C$47.55, for a total value of C$26,721.58. Insiders have sold 174,613 shares of company stock worth $8,697,880 in the last quarter. 70.70% of the stock is owned by insiders.
Great-West Lifeco Company Profile
(
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Great-West Lifeco Inc engages in the life and health insurance, retirement and investment services, asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers life, accidental death and dismemberment, disability, critical illness, health and dental protection, and creditor insurance products; and retirement and wealth savings, income and annuity products, and other specialty products to individuals, families, businesses, and organizations.
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