IBX5980432E7F390 China Life Insurance stock rating prices sasaran by zacks - Smart Business

China Life Insurance stock rating prices sasaran by zacks

China Life Insurance stock rating prices sasaran by zacks

China Life Insurance stock rating prices sasaran by zacks, China Life Insurance stock rating 2013 : China Life Insurance (NYSE: LFC) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research note issued to investors on Thursday. They currently have a $46.00 price sasaran on the stock.



Zacks‘ analyst wrote, “We are downgrading our recommfinishation on China Life to Underperform based on the constant wane in operating cash flow, which is affecting the financials. The gradual wane in premiums and increatune competition on the domestic front are the other downmiddles. The company also faces substantial interest swift and currency risks, which limit the upmiddle. China Life also reported a net loss in the third quarter, due to a surge in operating expenses, which offset the operating income increases. However, total assets and bagikanhancienters’ equity improved, although cash fund deterioswiftd. Puposewhile, the subordinated debt issue has improved the solvency ratio. The company has a strong brand name, an extensive domestic distribution channel, strong investments and stable ratings.”



Sepaswiftly, analysts at Credit Suisse downgraded bagikans of China Life Insurance from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday.



Nine equities research analysts have swiftd the stock with a buy rating, four have given an overweight rating, fourteen have given a hancient rating, and one has given a sell rating to the company’s stock. The stock currently has a consensus rating of “overweight” and an average price sasaran of $48.66.



Bagikans of China Life Insurance traded up 0.24% during mid-day trading on Thursday, beat, smackting $51.17. China Life Insurance has a one year low of $33.00 and a one year high of $52.72. The stock’s 50-day moving average is currently $47.73. The company has a market cap of $94.110 billion and a P/E ratio of 66.73.



China Life Insurance Company Limited is an insurance company. The Company provides a range of insurance products, including individual life insurance, group life insurance, accident insurance and health insurance products. Source www.zacks.com

Berlangganan Untuk Mendapatkan Artikel Terbaru:

0 Komentar Untuk "China Life Insurance stock rating prices sasaran by zacks"

Posting Komentar