China Life Insurance (LFC) Upgraded by UBS to “Buy”
China Life Insurance (NYSE:LFC) was upgraded by investment analysts at UBS from a “neutral” rating to a “buy” rating in a research note issued to investors on Tuesday, The Fly reports.
Several other research firms have also issued reports on LFC. Zacks Investment Research lowered shares of China Life Insurance from a “buy” rating to a “hold” rating in a research note on Wednesday, October 25th. Daiwa Capital Markets raised shares of China Life Insurance to a “buy” rating in a research note on Monday, August 28th. Bank of America raised shares of China Life Insurance from a “neutral” rating to a “buy” rating in a research note on Friday, August 25th. Credit Suisse Group raised shares of China Life Insurance from an “underperform” rating to a “neutral” rating in a research note on Friday, August 25th. Finally, Sanford C. Bernstein lowered shares of China Life Insurance from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 17th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company’s stock. China Life Insurance presently has a consensus rating of “Hold” and an average price target of $17.00.
China Life Insurance (NYSE LFC) traded up $0.01 during midday trading on Tuesday, hitting $16.12. The company had a trading volume of 455,500 shares, compared to its average volume of 406,439. The company has a debt-to-equity ratio of 0.08, a quick ratio of 11.01 and a current ratio of 11.01. China Life Insurance has a 52-week low of $12.74 and a 52-week high of $17.85. The firm has a market cap of $91,068.88, a P/E ratio of 30.40, a price-to-earnings-growth ratio of 1.86 and a beta of 1.38.
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About China Life Insurance
China Life Insurance Company Limited is a life insurance company. The Company provides a range of insurance products, including individual and group life insurance, health insurance and accident insurance products. It operates through three segments: Life Insurance, Health Insurance, and Accident Insurance.
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