Great-West Lifeco (GWO), the Financial sector company was revisited yesterday, yet the Wall Street analyst remains currently on the sidelines. The company received a Hold rating from RBC Capital’s analyst Darko Mihelic, with a C$37 price target.
According to TipRanks.com, Mihelic is a 4-star analyst with an average return of 3.1% and a 58.2% success rate. Mihelic covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Toronto Dominion Bank.
Great-West Lifeco has an analyst consensus of Hold, with a price target consensus of C$32.33, representing a 3.6% upside. In a report released yesterday, Desjardins also reiterated a Hold rating on the stock with a C$34 price target.
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Great-West Lifeco’s market cap is currently C$30.82B and has a P/E ratio of 10.3. The company has a Price to Book ratio of 1.41.
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.
