Great West Lifeco (TSE:GWO) had its price target increased to $41.00 by TD Securities in a report issued 1/13/2017. The updated stock price target suggests a potential upside of 0.12% from the company's last stock close price.
Previously on 1/12/2017, Barclays Capital released a statement for Great West Lifeco (TSE:GWO) bumped up the target price from $31.00 to $34.00. At the time, this indicated a possible downside of -0.04%.
Just yesterday Great West Lifeco (TSE:GWO) traded 3.41% higher at $36.50. GWO’s 50-day average is $35.41 and its two hundred day average is $33.54. With the last stock price close up 9.30% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.05% over the same time. 790,776 shares of GWO traded hands, up from an average trading volume of 424,151
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Great West Lifeco has PE ratio of 13.75 with a 52 week low of $30.83 and a 52 week high of $37.10 and has a market capitalization of $0.
In addition to TD Securities reporting its target price, a total of 11 equity analysts have released a ratings update on GWO. The one year target is $26.47 with 0 brokers rating the stock a strong buy, 0 brokers rating the company a buy, ten analysts rating the company a hold, zero brokerages rating the company a underperform, and lastly one brokerage rating the company a sell.
Brief Synopsis About Great West Lifeco (TSE:GWO)
Great-West Lifeco Inc (Lifeco) is a Canada-based financial services holding company. It has interests in the life insurance, health insurance, asset management, investment and retirement savings, and reinsurance businesses. It operates through the following segments: Canada, United States, Europe and Lifeco Corporate. Lifeco has operations in Canada, the United States, Europe and Asia through The Great-West Life Assurance Company, London Life Insurance Company, The Canada Life Assurance Company (Canada Life), Great-West Life & Annuity Insurance Company, Putnam Investments, LLC (Putnam), Canada Life Limited and Irish Life Group Limited (Irish Life). Lifeco, through its operating subsidiaries, provides products and services under various brands, including the Great-West Life brand, London Life brand, the Canada Life brand, the Freedom 55 Financial brand, the Irish Life brand, the Great-West Financial brand, the Empower Retirement brand, and the Putnam Investments and PanAgora brands.
The post A statement released earlier today by TD Securities about Great West Lifeco (TSE:GWO) raises the target price to $41.00 appeared first on Octafinance.