Great-West Lifeco (TSE:GWO – Get Free Report) had its price objective lifted by investment analysts at Royal Bank of Canada from C$47.00 to C$51.00 in a research note issued on Friday,BayStreet.CA reports. Royal Bank of Canada’s price target points to a potential upside of 3.89% from the company’s current price.
GWO has been the subject of several other reports. CIBC raised their price objective on Great-West Lifeco from C$46.00 to C$51.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. Jefferies Financial Group raised their price objective on Great-West Lifeco from C$42.00 to C$48.00 and gave the company a “hold” rating in a research note on Wednesday, October 16th. Scotiabank raised their price objective on Great-West Lifeco from C$44.00 to C$50.00 and gave the company a “sector perform” rating in a research note on Wednesday, October 30th. TD Securities raised their price objective on Great-West Lifeco from C$43.00 to C$44.00 and gave the company a “hold” rating in a research note on Wednesday, August 7th. Finally, Barclays raised their price objective on Great-West Lifeco from C$43.00 to C$45.00 in a research note on Friday. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of C$47.63.
Check Out Our Latest Stock Analysis on Great-West Lifeco
Great-West Lifeco Stock Performance
Insiders Place Their Bets
In other Great-West Lifeco news, Director Richard Henry Linton sold 35,800 shares of the firm’s stock in a transaction on Friday, October 4th. The stock was sold at an average price of C$46.27, for a total transaction of C$1,656,344.28. In other news, Director Richard Henry Linton sold 35,800 shares of the firm’s stock in a transaction on Friday, October 4th. The stock was sold at an average price of C$46.27, for a total transaction of C$1,656,344.28. Also, Director Charles Donald Harvey Henaire sold 25,400 shares of the firm’s stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of C$44.72, for a total value of C$1,135,888.00. 70.70% of the stock is currently owned by company insiders.
About Great-West Lifeco
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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