Great-West Lifeco (GWO) Receives a Hold from Desjardins


Great-West Lifeco (GWO) has received a rating update from a Wall Street analyst today. Analyst Douglas Young from Desjardins reiterated a Hold rating, with a C$34 price target.

According to TipRanks.com, Young is a 4-star analyst with an average return of 5.7% and a 68.6% success rate. Young covers the Financial sector, focusing on stocks such as Bank Of Nova Scotia, Bank Of Montreal, and Laurentian Bank.

The word on The Street in general, suggests a Hold analyst consensus rating for Great-West Lifeco with a C$32.33 average price target.

The company has a one-year high of C$34.45 and a one-year low of C$26.83. Currently, Great-West Lifeco has an average volume of 814K.

Great-West Lifeco, Inc. is a financial services holding company, which engages in the provision of life insurance, health insurance, retirement services, investment management and reinsurance services. It operates through the following segments: Canada, United States, Europe, and Lifeco Corporate.

The company’s shares closed on Monday at C$31.20.

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