China Life Insurance (NYSE:LFC) was upgraded by equities research analysts at UBS from a “neutral” rating to a “buy” rating in a report released on Tuesday.

A number of other research analysts have also commented on the stock. 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 upgraded shares of China Life Insurance to a “buy” rating in a report on Monday, August 28th. Bank of America upgraded shares of China Life Insurance from a “neutral” rating to a “buy” rating in a report on Friday, August 25th. Credit Suisse Group upgraded shares of China Life Insurance from an “underperform” rating to a “neutral” rating in a report on Friday, August 25th. Finally, Sanford C. Bernstein cut shares of China Life Insurance from an “outperform” rating to a “market perform” rating in a report on Thursday, August 17th. One investment analyst has rated the stock with a sell rating, four 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 price target of $17.00.

China Life Insurance (LFC) opened at $15.48 on Tuesday. China Life Insurance has a 12 month low of $12.74 and a 12 month high of $17.85. The company has a current ratio of 11.01, a quick ratio of 11.01 and a debt-to-equity ratio of 0.08. The company has a market cap of $90,842.76, a P/E ratio of 30.32, a P/E/G ratio of 1.86 and a beta of 1.38.

A number of large investors have recently modified their holdings of LFC. Bank of America Corp DE boosted its holdings in China Life Insurance by 24.0% during the first quarter. Bank of America Corp DE now owns 101,727 shares of the financial services provider’s stock worth $1,560,000 after buying an additional 19,684 shares in the last quarter. Bank of Montreal Can boosted its holdings in China Life Insurance by 271.4% during the second quarter. Bank of Montreal Can now owns 146,300 shares of the financial services provider’s stock worth $2,244,000 after buying an additional 106,904 shares in the last quarter. US Bancorp DE boosted its stake in China Life Insurance by 16.5% in the 2nd quarter. US Bancorp DE now owns 37,404 shares of the financial services provider’s stock worth $574,000 after purchasing an additional 5,310 shares during the period. Wetherby Asset Management Inc. boosted its stake in China Life Insurance by 1.7% in the 2nd quarter. Wetherby Asset Management Inc. now owns 35,263 shares of the financial services provider’s stock worth $541,000 after purchasing an additional 606 shares during the period. Finally, Athos Capital Ltd acquired a new position in China Life Insurance in the 2nd quarter worth approximately $1,841,000. Hedge funds and other institutional investors own 0.29% of the company’s stock.

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China Life Insurance 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 (NYSE:LFC)

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