Analyst Rating Update on China Life Insurance Company Limited (LFC)

China Life Insurance Company Limited (NYSE:LFC) : Zacks Investment Research ranks China Life Insurance Company Limited (NYSE:LFC) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. The average broker rating of 2 research analysts is 1, which indicates as a Strong Buy.

For this week, the average consensus of the company shares are rated as a Strong Buy.

China Life Insurance Company Limited (NYSE:LFC): stock turned positive on Tuesday. Though the stock opened at $10.52, the bulls momentum made the stock top out at $10.55 level for the day. The stock recorded a low of $10.4 and closed the trading day at $10.53, in the green by 2.93%. The total traded volume for the day was 772,804. The stock had closed at $10.23 in the previous days trading.

China Life Insurance Company Limited is a life insurance company. The Company and its subsidiaries are principally engaged in providing individual and group life insurance, annuity products, and accident and health insurance in China. It operates in five operating segments: Individual life insurance business, which relates to the sale of long-term insurance contracts and universal contracts; Group life insurance business, which relates to the sale of long-term insurance contracts and investment contracts; Short-term insurance business, which relates primarily to the sale of short-term insurance contracts; Supplementary major medical insurance business, which relates primarily to the sale of supplementary major medical insurance contracts, and Other businesses.

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