China Life Insurance (NYSE:LFC) was downgraded by equities research analysts at Deutsche Bank from a “buy” rating to a “hold” rating in a report released on Thursday, The Fly reports.
A number of other brokerages have also recently issued reports on LFC. Zacks Investment Research cut China Life Insurance from a “buy” rating to a “hold” rating in a report on Wednesday, October 25th. UBS Group raised China Life Insurance from a “neutral” rating to a “buy” rating in a report on Tuesday, December 5th. Finally, Goldman Sachs Group cut China Life Insurance from a “buy” rating to a “neutral” rating in a report on Wednesday, December 13th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $17.00.
China Life Insurance (LFC) opened at $16.14 on Thursday. The stock has a market capitalization of $90,842.76, a price-to-earnings ratio of 30.45 and a beta of 1.39. China Life Insurance has a twelve month low of $13.18 and a twelve month high of $17.85. The company has a debt-to-equity ratio of 0.08, a quick ratio of 11.01 and a current ratio of 11.01.
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.