20 February 2006

Price Targets for Life Insurance Companies

  
Great-West Lifeco
• BMO Nesbitt Burns maintains a "market perform", target price raised to $32.00
• Credit Suisse downgrades to "underperform", target price is $31.00
• GMP Securities maintains a "buy", target price cut to $33.50
• RBC Capital Markets maintains a "sector perform", target price cut to $32.00
• TD Newcrest maintains a "hold", 12-month target price is $30.00

Industrial Alliance Insurance & Financial Services
• BMO Nesbitt Burns maintains "outperform", 12-month target price is $34.00
• Credit Suisse maintains "outperform", 12-month target price is $35.00
• GMP Securities maintains "hold", 12-month target price is $32.50
• RBC Capital Markets maintains "outperform", 12-month target price is $36.00
• Scotia Capital Markets maintains "sector perform", 12-month target price is $33.00
• TD Newcrest maintains "hold", 12-month target price is $32.00
• UBS 12-month target price is $34.00

Manulife Financial Corporation
• BMO Nesbitt Burns maintains a "outperform", target price raised to $80.00
• Credit Suisse maintains a "outperform", target price raised to $78.00
• Desjardins Securities maintains "top pick," target price raised to $84.00
• GMP Securities maintains a "buy", target price raised to $77.00
• Genuity 12-month target price is $79.00
• RBC Capital Markets maintains a "top pick", target price is $86.00
• Scotia Capital Markets maintains a "sector outperform", 1-year target price is $76.00
• TD Newcrest maintains a "buy", 12-month target price raised to $80.00
• UBS 12-month target price is $79.00

Sun Life Financial Inc.
• BMO Nesbitt Burns maintains a "outperform", target price raised to $54.00
• Credit Suisse maintains "neutral", 12-month target price is $51.00
• Desjardins Securities maintains "top pick," target price is $53.00
• GMP Securities maintains a "buy", target price is $54.50
• RBC Capital Markets maintains a "sector perform", target price is $52.00
• Scotia Capital Markets maintains a "sector perform", 1-year target price raised to $52.00
• TD Newcrest maintains a "buy", 12-month target price is raised to $53.00
• UBS 12-month target price is $56.00
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