Other analysts have also issued research reports about the stock. Goldman Sachs Group upgraded shares of China Life Insurance from a sell rating to a buy rating in a research report on Sunday, June 9th. Zacks Investment Research upgraded shares of China Life Insurance from a hold rating to a strong-buy rating and set a $15.00 target price on the stock in a research report on Thursday, July 4th. Finally, JPMorgan Chase & Co. upgraded 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. One investment analyst has rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus price target of $15.00.
LFC traded down $0.14 on Thursday, reaching $12.31. The stock had a trading volume of 407,638 shares, compared to its average volume of 341,353. China Life Insurance has a 12-month low of $9.85 and a 12-month high of $14.51. The company has a current ratio of 8.30, a quick ratio of 8.30 and a debt-to-equity ratio of 0.15. The company has a 50-day moving average price of $12.60. The company has a market cap of $70.38 billion, a P/E ratio of 43.96, a P/E/G ratio of 0.24 and a beta of 1.49.
About China Life Insurance
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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