China Life Insurance (LFC) Earning Somewhat Negative Press Coverage, Report Finds
News headlines about China Life Insurance (NYSE:LFC) have been trending somewhat negative on Saturday, Accern reports. Accern scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. China Life Insurance earned a media sentiment score of -0.01 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 45.5173393458255 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of China Life Insurance (NYSE LFC) traded down $0.25 during midday trading on Friday, hitting $16.11. 818,235 shares of the stock were exchanged, compared to its average volume of 538,371. The firm has a market cap of $119,910.00, a P/E ratio of 30.87, a P/E/G ratio of 1.89 and a beta of 1.40. The company has a debt-to-equity ratio of 0.08, a current ratio of 11.01 and a quick ratio of 11.01. China Life Insurance has a fifty-two week low of $12.74 and a fifty-two week high of $17.85.
LFC has been the topic of a number of research reports. Goldman Sachs Group lowered shares of China Life Insurance from a “conviction-buy” rating to a “buy” rating in a research note on Wednesday, August 16th. Bank of America upgraded shares of China Life Insurance from a “neutral” rating to a “buy” rating in a report on Friday, August 25th. Zacks Investment Research upgraded shares of China Life Insurance from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a report on Tuesday, August 29th. Daiwa Capital Markets upgraded shares of China Life Insurance to a “buy” rating in a report on Monday, August 28th. Finally, Sanford C. Bernstein downgraded shares of China Life Insurance from an “outperform” rating to a “market perform” rating in a report on Thursday, August 17th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $17.00.
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.
Receive News & Stock Ratings for China Life Insurance Company Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Life Insurance Company Limited and related stocks with our FREE daily email newsletter.