BMO Capital Markets Cuts Great-West Lifeco (OTCMKTS:GWLIF) Price Target to C$38.00

Great-West Lifeco (OTCMKTS:GWLIFGet Rating) had its price target decreased by BMO Capital Markets from C$41.00 to C$38.00 in a research report released on Friday, The Fly reports.

GWLIF has been the subject of several other reports. Barclays lifted their target price on shares of Great-West Lifeco from C$42.00 to C$45.00 in a research report on Friday, February 11th. National Bank Financial dropped their target price on shares of Great-West Lifeco from C$39.00 to C$38.00 in a research report on Wednesday, April 20th. Scotiabank dropped their target price on shares of Great-West Lifeco from C$41.00 to C$38.00 in a research report on Monday, May 2nd. Finally, Desjardins lifted their target price on shares of Great-West Lifeco from C$40.00 to C$42.00 in a research report on Monday, February 14th. Nine research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, Great-West Lifeco has an average rating of Hold and a consensus target price of $40.30.

GWLIF stock opened at $25.89 on Friday. The firm has a 50 day moving average of $28.55 and a 200-day moving average of $29.65. Great-West Lifeco has a 12 month low of $25.89 and a 12 month high of $32.70.

Great-West Lifeco Company Profile (Get Rating)

Great-West Lifeco Inc, a financial services holding company, 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 a portfolio of financial and benefit plan solutions for individuals, families, businesses, and organizations; life, disability, critical illness, accidental death, dismemberment, health and dental protection, and creditor insurance products; and retirement savings and income, annuity, and other specialty products.

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