China Life Insurance Company Limited (NYSE:LFC) was upgraded by stock analysts at Daiwa Capital Markets to a “buy” rating in a note issued to investors on Monday.

LFC has been the subject of a number of other reports. BidaskClub lowered China Life Insurance Company Limited from a “sell” rating to a “strong sell” rating in a research note on Monday, August 14th. Goldman Sachs Group, Inc. (The) lowered China Life Insurance Company Limited from a “conviction-buy” rating to a “buy” rating in a research note on Wednesday, August 16th. Sanford C. Bernstein lowered China Life Insurance Company Limited from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 17th. Zacks Investment Research lowered China Life Insurance Company Limited from a “buy” rating to a “hold” rating in a research note on Monday. Finally, Credit Suisse Group raised China Life Insurance Company Limited from an “underperform” rating to a “neutral” rating in a research note on Friday, August 25th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $18.00.

China Life Insurance Company Limited (LFC) opened at 16.08 on Monday. China Life Insurance Company Limited has a 1-year low of $11.82 and a 1-year high of $16.61. The firm has a market cap of $87.63 billion, a P/E ratio of 29.50 and a beta of 1.37. The company has a 50-day moving average price of $15.82 and a 200-day moving average price of $15.57.

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A number of institutional investors have recently made changes to their positions in the stock. Trexquant Investment LP purchased a new position in shares of China Life Insurance Company Limited during the first quarter worth approximately $166,000. Archford Capital Strategies LLC raised its position in shares of China Life Insurance Company Limited by 2,288.1% in the second quarter. Archford Capital Strategies LLC now owns 1,003 shares of the financial services provider’s stock worth $170,000 after buying an additional 961 shares during the last quarter. Sciencast Management LP purchased a new position in shares of China Life Insurance Company Limited during the second quarter worth approximately $179,000. Greenleaf Trust purchased a new position in shares of China Life Insurance Company Limited during the first quarter worth approximately $190,000. Finally, Sit Investment Associates Inc. raised its position in shares of China Life Insurance Company Limited by 66.2% in the first quarter. Sit Investment Associates Inc. now owns 12,800 shares of the financial services provider’s stock worth $196,000 after buying an additional 5,100 shares during the last quarter. 0.23% of the stock is owned by institutional investors.

China Life Insurance Company Limited Company Profile

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.

Analyst Recommendations for China Life Insurance Company Limited (NYSE:LFC)

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