01:00 PM EDT, 04/03/2025 (MT Newswires) -- BMO has raised its target on Great-West Lifeco ( GWLIF ) by $5, to $59, and reiterated its Market Perform rating, after the company's Investor Day.

According to analyst Tom MacKinnon, key takeaways, namely increased base ROE target (to 19%+ from 16%-17%) and maintained base 8%-10% EPS growth target, and new 80% of base EPS capital generation, were "largely expected."

Segment growth drivers were well articulated, and largely hinged on Empower's "double-digit" targeted growth, versus "mid-single" for other segments, MacKinnon noted.

Price: 56.70, Change: -0.77, Percent Change: -1.34