Great-West Lifeco Inc. (TSE:GWO – Get Free Report) has received an average rating of “Hold” from the nine research firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is C$52.22.
Several analysts have weighed in on the company. Jefferies Financial Group lifted 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 report on Wednesday, October 16th. TD Securities upgraded Great-West Lifeco from a “hold” rating to a “buy” rating and increased their price objective for the stock from C$49.00 to C$53.00 in a report on Friday. BMO Capital Markets raised their price objective on Great-West Lifeco from C$52.00 to C$54.00 and gave the company a “market perform” rating in a research report on Friday. Barclays upped their target price on shares of Great-West Lifeco from C$45.00 to C$46.00 in a research report on Monday, January 6th. Finally, Royal Bank of Canada lifted their price target on shares of Great-West Lifeco from C$51.00 to C$53.00 and gave the company a “sector perform” rating in a research report on Friday.
Insider Buying and Selling at Great-West Lifeco
Great-West Lifeco Stock Performance
TSE:GWO opened at C$51.71 on Monday. The company has a quick ratio of 22.18, a current ratio of 37.46 and a debt-to-equity ratio of 29.61. The firm’s fifty day simple moving average is C$47.33 and its 200 day simple moving average is C$46.01. The stock has a market cap of C$48.20 billion, a P/E ratio of 12.99, a price-to-earnings-growth ratio of 2.26 and a beta of 0.84. Great-West Lifeco has a twelve month low of C$38.44 and a twelve month high of C$52.47.
Great-West Lifeco (TSE:GWO – Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The company reported C$1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.08 by C$0.06. Great-West Lifeco had a net margin of 11.32% and a return on equity of 13.21%. During the same quarter in the previous year, the company earned $1.00 EPS. As a group, research analysts predict that Great-West Lifeco will post 4.4525194 EPS for the current year.
Great-West Lifeco Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were given a $0.555 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $2.22 annualized dividend and a yield of 4.29%. Great-West Lifeco’s dividend payout ratio (DPR) is presently 55.78%.
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.
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