Great-West Lifeco (TSE:GWO) Given New C$46.00 Price Target at Barclays

Great-West Lifeco (TSE:GWO) had its price objective lifted by analysts at Barclays from C$45.00 to C$46.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. Barclays‘s target price points to a potential downside of 3.16% from the company’s previous close.

GWO has been the topic of several other research reports. Royal Bank of Canada upped their price objective on Great-West Lifeco from C$47.00 to C$51.00 in a research note on Friday, November 8th. 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 upped their target price on Great-West Lifeco from C$44.00 to C$50.00 and gave the company a “sector perform” rating in a report on Wednesday, October 30th. Finally, CIBC upped their target price on Great-West Lifeco from C$51.00 to C$55.00 in a report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, Great-West Lifeco currently has an average rating of “Hold” and a consensus target price of C$47.75.

Great-West Lifeco Trading Up 1.0 %

Shares of Great-West Lifeco stock traded up C$0.45 on Monday, reaching C$47.50. 188,442 shares of the company’s stock were exchanged, compared to its average volume of 787,687. The firm’s 50-day moving average is C$48.16 and its two-hundred day moving average is C$44.85. The company has a market capitalization of C$44.28 billion, a P/E ratio of 11.93, a price-to-earnings-growth ratio of 2.26 and a beta of 0.84. The company has a debt-to-equity ratio of 29.61, a quick ratio of 22.18 and a current ratio of 37.46. Great-West Lifeco has a 52 week low of C$38.44 and a 52 week high of C$50.99.

Insider Transactions at Great-West Lifeco

In related news, Director Charles Donald Harvey Henaire sold 26,400 shares of Great-West Lifeco stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of C$49.50, for a total value of C$1,306,800.00. Also, Director Paul Mahon sold 146,826 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of C$49.88, for a total transaction of C$7,323,842.39. Insiders sold 174,613 shares of company stock valued at $8,697,880 in the last quarter. 70.70% of the stock is currently owned by corporate insiders.

Great-West Lifeco Company Profile

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.