National Bank cuts target for Great-West Lifeco stock to CAD 94.00

Published on 10/27/2026 at 12:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

National Bank cut its target to CAD 94.00 on October 20, 2026. Great-West Lifeco stock costs EUR 58.27 on October 27, 2026.

Analyst view and earnings date

National Bank set a CAD 94.00 target on October 20, 2026.
Second-quarter 2026 revenue reached CAD 12.72 billion versus CAD 10.39 billion a year earlier.
Great-West Lifeco stock traded at EUR 58.27 at 12:04 p.m. CET at Lang & Schwarz on October 27, 2026.

GWO, CA39138C1068, Illustration mit AI erstellt.

Great-West Lifeco (ISIN CA39138C1068) is trading at EUR 58.27 at Lang & Schwarz on October 27, 2026, after National Bank Financial analyst Gabriel Dechaine lowered his target to CAD 94.00 on October 20, 2026. Stockwatch reported that Dechaine kept a sector perform recommendation and reduced the target by CAD 1.00.

Analyst caution meets higher revenue

The target cut came as Dechaine prepared for mixed third-quarter results across Canadian life insurers. His report pointed to expected growth deceleration to 5 percent year over year from 8 percent in the first half of 2026, while rising bond yields could weigh on reported earnings per share. The Globe and Mail also reported that RBC maintained a Hold rating with a CAD 91.00 target on October 15, 2026.

Great-West Lifeco's second-quarter 2026 revenue was CAD 12.72 billion, up from CAD 10.39 billion in the same quarter of 2025. Net profit reached CAD 1.09 billion, compared with CAD 927 million a year earlier, according to The Globe and Mail. The figures give the analyst caution a clear counterweight: the latest reported quarter still showed higher sales and profit.

Three target changes set the timeline

On October 7, 2026, Barclays raised its target from CAD 87.00 to CAD 91.00, as reported by The Globe and Mail. On October 15, 2026, RBC maintained its Hold rating and CAD 91.00 target, according to The Globe and Mail. On October 20, 2026, National Bank lowered its target to CAD 94.00 while retaining sector perform.

What dates matter next?

Great-West Lifeco is scheduled to release third-quarter 2026 financial results after the market close on November 4, 2026, followed by a management conference call on November 5, 2026. CNW Group said the call will begin at 9:30 a.m. ET.

Stock price and investor view

The next report offers a near-term test of whether second-quarter growth can continue while analysts debate the effect of rates and investment performance. The balance between CAD 94.00 and CAD 91.00 targets also shows a measured range of opinion rather than a single forecast.

Great-West Lifeco stock was trading at EUR 58.27 at Lang & Schwarz on October 27, 2026 at 12:04 p.m. CET. The further course of trading is shown by the continuously updated real-time quote of Great-West Lifeco stock.