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Great-West Lifeco (GWO) Stock Forecast & Price Target

Great-West Lifeco logo
C$49.70 +0.14 (+0.28%)
(As of 11/20/2024 ET)

Great-West Lifeco - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
6
Buy
1

Based on 8 Wall Street analysts who have issued ratings for Great-West Lifeco in the last 12 months, the stock has a consensus rating of "Hold." Out of the 8 analysts, 1 has given a sell rating, 6 have given a hold rating, and 1 has given a buy rating for GWO.

Consensus Price Target

C$47.63
-4.18% Downside
According to the 8 analysts' twelve-month price targets for Great-West Lifeco, the average price target is C$47.63. The highest price target for GWO is C$55.00, while the lowest price target for GWO is C$43.00. The average price target represents a forecasted downside of -4.18% from the current price of C$49.70.
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GWO Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$47.63C$45.00C$43.88C$41.22
Forecasted Upside-4.18% Downside-5.02% Downside0.65% Upside-5.37% Downside
Consensus Rating
Hold
Hold
Hold
Hold

GWO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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GWO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Great-West Lifeco Stock vs. The Competition

TypeGreat-West LifecoFinancial Services Companies
Consensus Rating Score
2.00
2.64
Consensus RatingHoldModerate Buy
News Sentiment Rating
Neutral News

See Recent GWO News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/8/2024CIBC
3 of 5 stars
 Boost TargetC$51.00 ➝ C$55.00+12.38%
11/8/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetC$47.00 ➝ C$51.00+4.21%
11/8/2024Barclays
3 of 5 stars
A. Scott
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Boost TargetC$43.00 ➝ C$45.00-8.05%
10/30/2024Scotiabank
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 Boost TargetSector PerformC$44.00 ➝ C$50.00+5.75%
10/16/2024Jefferies Financial Group
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 Boost TargetHoldC$42.00 ➝ C$48.00+1.80%
8/7/2024TD Securities
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 Boost TargetHoldC$43.00 ➝ C$44.00+10.11%
5/3/2024BMO Capital Markets
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 Boost TargetOutperformC$44.00 ➝ C$45.00+6.23%
5/2/2024National Bankshares
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 Boost TargetSector PerformC$42.00 ➝ C$43.00+3.02%
10/12/2023Desjardins
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetHoldC$41.00 ➝ C$40.00+3.01%
5/5/2023CSFB
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$37.00 ➝ C$40.00+3.65%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 06:00 AM ET.


Should I Buy Great-West Lifeco Stock? GWO Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, November 1, 2024. Please send any questions or comments about these Great-West Lifeco pros and cons to contact@marketbeat.com.

Great-West Lifeco
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Great-West Lifeco Inc.:

  • Great-West Lifeco Inc. has recently reached a new 1-year high stock price of C$45.28, indicating positive momentum in the market.
  • The company reported a strong quarterly earnings performance, beating analyst estimates with a C$1.11 EPS for the quarter.
  • Great-West Lifeco Inc. has a solid return on equity of 13.21%, showcasing efficient utilization of shareholder equity.
  • The company offers a quarterly dividend with a yield of 4.89%, providing investors with a steady income stream.
  • Analysts have given the stock a consensus "Hold" rating, indicating stability and potential for long-term growth.

Great-West Lifeco
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Great-West Lifeco Inc. for these reasons:

  • Despite recent positive performance, the stock has a beta of 0.84, suggesting lower volatility compared to the market average.
  • The company's debt-to-equity ratio is high at 29.61, indicating a significant reliance on debt financing which may pose risks in economic downturns.
  • Great-West Lifeco Inc. has a P/E ratio of 11.41, which may be considered high or low depending on industry benchmarks and investor preferences.
  • The company's revenue for the quarter was below analyst estimates, signaling potential challenges in revenue generation and growth.
  • One analyst has rated the stock with a sell rating, highlighting potential concerns about the company's future performance.

GWO Forecast - Frequently Asked Questions

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Great-West Lifeco is C$47.63, with a high forecast of C$55.00 and a low forecast of C$43.00.

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Great-West Lifeco in the last year. There is currently 1 sell rating, 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" GWO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GWO, but not buy additional shares or sell existing shares.

According to analysts, Great-West Lifeco's stock has a predicted downside of -4.18% based on their 12-month stock forecasts.

Great-West Lifeco has been rated by research analysts at Barclays, CIBC, Jefferies Financial Group, Royal Bank of Canada, and Scotiabank in the past 90 days.

Analysts like Great-West Lifeco less than other "financial services" companies. The consensus rating for Great-West Lifeco is Hold while the average consensus rating for "financial services" companies is Moderate Buy. Learn more on how GWO compares to other companies.


This page (TSE:GWO) was last updated on 11/21/2024 by MarketBeat.com Staff
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