Great-West Lifeco (TSE:GWO) PT Raised to C$43.00 at National Bankshares

Great-West Lifeco (TSE:GWO) had its price target hoisted by investment analysts at National Bankshares from C$42.00 to C$43.00 in a note issued to investors on Thursday, BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bankshares’ target price points to a potential upside of 1.82% from the company’s previous close.

A number of other research analysts have also recently issued reports on the company. Scotiabank lifted their target price on Great-West Lifeco from C$42.00 to C$44.00 and gave the company a “sector perform” rating in a research report on Tuesday, February 6th. TD Securities decreased their target price on Great-West Lifeco from C$45.00 to C$44.00 in a research report on Thursday. CIBC lifted their target price on Great-West Lifeco from C$44.00 to C$46.00 and gave the company a “neutral” rating in a research report on Friday, February 16th. Finally, BMO Capital Markets lifted their target price on Great-West Lifeco from C$42.00 to C$44.00 and gave the company a “market perform” rating in a research report on Thursday, January 25th. Six equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Great-West Lifeco presently has a consensus rating of “Hold” and a consensus target price of C$43.60.

Great-West Lifeco Stock Up 1.2 %

Shares of TSE GWO opened at C$42.23 on Thursday. The company has a debt-to-equity ratio of 32.33, a quick ratio of 22.18 and a current ratio of 12.42. Great-West Lifeco has a 52 week low of C$37.06 and a 52 week high of C$45.18. The stock has a market capitalization of C$39.38 billion, a P/E ratio of 14.41, a PEG ratio of 2.26 and a beta of 0.86. The stock’s fifty day moving average is C$41.96 and its 200 day moving average is C$42.20.

Great-West Lifeco (TSE:GWO) last issued its quarterly earnings results on Wednesday, February 14th. The company reported C$1.04 EPS for the quarter, topping analysts’ consensus estimates of C$0.99 by C$0.05. Great-West Lifeco had a return on equity of 10.28% and a net margin of 7.95%. The company had revenue of C$20.21 billion for the quarter. Sell-side analysts forecast that Great-West Lifeco will post 4.137561 earnings per share for the current fiscal year.

Insider Transactions at Great-West Lifeco

In related news, Senior Officer Linda Kerrigan sold 5,000 shares of Great-West Lifeco stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of C$42.95, for a total value of C$214,750.00. In related news, Senior Officer Bradley John Fedorchuk sold 2,900 shares of Great-West Lifeco stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of C$42.44, for a total value of C$123,062.08. Also, Senior Officer Linda Kerrigan sold 5,000 shares of Great-West Lifeco stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of C$42.95, for a total value of C$214,750.00. Over the last three months, insiders have sold 13,300 shares of company stock worth $566,402. Insiders own 70.57% of the company’s stock.

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.