China Life Insurance (NYSE:LFC) was upgraded by equities research analysts at Sanford C. Bernstein from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Monday.

A number of other research firms have also issued reports on LFC. Credit Suisse Group lowered shares of China Life Insurance from a “neutral” rating to an “underperform” rating in a research report on Thursday. UBS Group raised shares of China Life Insurance from a “neutral” rating to a “buy” rating in a report on Tuesday, December 5th. Zacks Investment Research lowered shares of China Life Insurance from a “buy” rating to a “hold” rating in a report on Wednesday, October 25th. Deutsche Bank lowered shares of China Life Insurance from a “buy” rating to a “hold” rating in a report on Thursday. Finally, Goldman Sachs Group lowered shares of China Life Insurance from a “buy” rating to a “neutral” rating in a report on Wednesday, December 13th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $17.00.

China Life Insurance (LFC) traded down $0.04 on Monday, reaching $15.63. 1,010,286 shares of the company’s stock were exchanged, compared to its average volume of 917,675. China Life Insurance has a 12 month low of $13.38 and a 12 month high of $17.85. The company has a quick ratio of 11.01, a current ratio of 11.01 and a debt-to-equity ratio of 0.08. The stock has a market cap of $118,890.00, a price-to-earnings ratio of 27.41 and a beta of 1.39.

A number of hedge funds and other institutional investors have recently modified their holdings of LFC. First Trust Advisors LP increased its holdings in China Life Insurance by 20.8% in the 2nd quarter. First Trust Advisors LP now owns 110,160 shares of the financial services provider’s stock worth $1,690,000 after acquiring an additional 18,997 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in China Life Insurance by 10.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 57,547 shares of the financial services provider’s stock worth $882,000 after acquiring an additional 5,354 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in China Life Insurance by 0.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 27,994 shares of the financial services provider’s stock worth $433,000 after acquiring an additional 85 shares in the last quarter. Stevens Capital Management LP acquired a new stake in China Life Insurance during the 2nd quarter worth $523,000. Finally, Profund Advisors LLC boosted its stake in China Life Insurance by 11.0% during the 2nd quarter. Profund Advisors LLC now owns 200,892 shares of the financial services provider’s stock worth $3,082,000 after purchasing an additional 19,874 shares during the last quarter. 0.29% of the stock is owned by institutional investors.

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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.

Analyst Recommendations for China Life Insurance (NYSE:LFC)

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