Monday, April 30, 2007

RBC CM Initiates Coverage of Great-West at Outperform

RBC Capital Markets, 30 April 2007EventWe are initiating coverage of Great-West with an Outperform, Average Risk rating on its shares.Investment Opinion� We believe relative multiple (or earnings) upside could come from rapid acceleration in earnings as a result of more favourable currency conversion rates, the integration of announced acquisitions, lower volatility in earnings from accounting

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