Shares of China Life Insurance Co Ltd (NYSE:LFC) have earned a consensus recommendation of “Buy” from the ten brokerages that are currently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $15.00.
LFC has been the subject of a number of research reports. Zacks Investment Research cut shares of GENEL ENERGY PL/ADR from a “hold” rating to a “sell” rating in a research report on Thursday, July 4th. Goldman Sachs Group raised shares of China Life Insurance from a “sell” rating to a “buy” rating in a research report on Sunday, June 9th. Finally, JPMorgan Chase & Co. raised shares of China Life Insurance from a “neutral” rating to an “overweight” rating in a research report on Thursday, May 30th. They noted that the move was a valuation call.
Shares of China Life Insurance stock opened at $12.86 on Wednesday. The business’s fifty day simple moving average is $12.55. The company has a current ratio of 8.30, a quick ratio of 8.30 and a debt-to-equity ratio of 0.15. China Life Insurance has a twelve month low of $9.85 and a twelve month high of $14.51. The stock has a market cap of $73.94 billion, a PE ratio of 45.93, a price-to-earnings-growth ratio of 0.25 and a beta of 1.44.
China Life Insurance Company Profile
China Life Insurance Company Limited, together with its subsidiaries, operates as a life insurance company in the People's Republic of China. It operates in four segments: Life Insurance Business, Health Insurance Business, Accident Insurance Business, and Other Businesses. The company offers individual and group life, annuity, accident, and health insurance products, as well as pension products.
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