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Great-West Lifeco ( (TSE:GWO) ) just unveiled an update.
Great-West Lifeco has successfully completed its offering of 8 million Series Z Preferred Shares, raising $200 million in gross proceeds. The shares, which will trade on the Toronto Stock Exchange under the symbol GWO.PR.Z, were offered through a syndicate of underwriters led by BMO Capital Markets, RBC Capital Markets, and Scotiabank. This move is expected to strengthen Great-West Lifeco’s financial position and enhance its market presence.
The most recent analyst rating on (TSE:GWO) stock is a Buy with a C$59.00 price target. To see the full list of analyst forecasts on Great-West Lifeco stock, see the TSE:GWO Stock Forecast page.
Spark’s Take on TSE:GWO Stock
According to Spark, TipRanks’ AI Analyst, TSE:GWO is a Outperform.
Great-West Lifeco’s overall stock score is driven by strong financial performance and strategic growth initiatives, particularly in the U.S. Empower segment. The company’s valuation is attractive with a reasonable P/E ratio and a high dividend yield. Technical indicators suggest a neutral trend, with potential momentum weakness. The earnings call reinforced confidence in the company’s strategic direction despite some operational challenges.
To see Spark’s full report on TSE:GWO stock, click here.
More about Great-West Lifeco
Great-West Lifeco is a financial services holding company that operates in Canada, the United States, and Europe under the brands Canada Life, Empower, and Irish Life. The company provides wealth, retirement, workplace benefits, insurance, and risk solutions to over 40 million customer relationships, with total client assets of $3 trillion as of June 30, 2025.
Average Trading Volume: 2,020,490
Technical Sentiment Signal: Buy
Current Market Cap: C$50.43B
Learn more about GWO stock on TipRanks’ Stock Analysis page.