Shares of China Life Insurance Company Limited (NYSE:LFC) have been assigned an average recommendation of “Hold” from the eleven research firms that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have issued a buy recommendation on the company.

LFC has been the subject of a number of recent research reports. Bank of America Corporation upgraded shares of China Life Insurance Company Limited from a “neutral” rating to a “buy” rating in a report on Friday, August 25th. Zacks Investment Research cut shares of China Life Insurance Company Limited from a “buy” rating to a “hold” rating in a report on Monday, August 28th. Daiwa Capital Markets upgraded shares of China Life Insurance Company Limited to a “buy” rating in a report on Monday, August 28th. Sanford C. Bernstein cut shares of China Life Insurance Company Limited from an “outperform” rating to a “market perform” rating in a report on Thursday, August 17th. Finally, Credit Suisse Group upgraded shares of China Life Insurance Company Limited from an “underperform” rating to a “neutral” rating in a report on Friday, August 25th.

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A number of institutional investors have recently added to or reduced their stakes in LFC. First Trust Advisors LP lifted its position in China Life Insurance Company Limited by 37.3% during the 1st quarter. First Trust Advisors LP now owns 91,163 shares of the financial services provider’s stock worth $1,398,000 after acquiring an additional 24,776 shares during the last quarter. US Bancorp DE lifted its position in China Life Insurance Company Limited by 19.2% during the 1st quarter. US Bancorp DE now owns 32,094 shares of the financial services provider’s stock worth $492,000 after acquiring an additional 5,177 shares during the last quarter. Comerica Bank lifted its position in China Life Insurance Company Limited by 1.3% during the 1st quarter. Comerica Bank now owns 85,467 shares of the financial services provider’s stock worth $1,293,000 after acquiring an additional 1,109 shares during the last quarter. Parametric Portfolio Associates LLC lifted its position in China Life Insurance Company Limited by 56.8% during the 1st quarter. Parametric Portfolio Associates LLC now owns 524,047 shares of the financial services provider’s stock worth $8,034,000 after acquiring an additional 189,771 shares during the last quarter. Finally, Trexquant Investment LP acquired a new position in China Life Insurance Company Limited during the 1st quarter worth $166,000. 0.23% of the stock is owned by hedge funds and other institutional investors.

China Life Insurance Company Limited (NYSE:LFC) opened at 15.21 on Friday. The firm has a 50-day moving average price of $15.65 and a 200 day moving average price of $15.61. China Life Insurance Company Limited has a 52-week low of $12.16 and a 52-week high of $16.61. The stock has a market capitalization of $85.98 billion, a price-to-earnings ratio of 27.41 and a beta of 1.38.

About China Life Insurance Company Limited

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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