This Analyst Recently Issued Research Note On China Life Insurance Company Limited (LFC)

As of Wednesday close, China Life Insurance Company Limited’s (NYSE:LFC) stock was down -$0.07, moving down -0.79 percent to $8.76. The average number of shares traded per day over the past five days has been 385,740 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.08 fall in that time frame. In the last twenty days, the average volume was 489,230, while in the previous 50 days, it was 670,484.

Since last month, LFC stock retreated -2.67%. Shares of the company fell to $8.53 on 11/05/21, the lowest level in the past month. A 52-week high of $11.99 was reached on 01/21/21 after having rallying from a 52-week low of $7.85. Since the beginning of this year, LFC’s stock price has dropped by -20.80% or -$2.30, and marked a new high 5 times. However, the stock has declined by -26.94% since its 52-week high.


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Valuation Metrics

Right now, China Life Insurance Company Limited (LFC) has a P/E ratio of about 5.21. This is lower than the industry average, which comes in at 7.49 right now. Further, its PE also compares favorably with the overall sector’s trailing 12 months PE ratio, which currently stands at 13.23. Within the last five years, China Life Insurance Company Limited’s PE ratio varied between 45.54 and 4.788. The stock’s beta is 1.00. Besides these, the trailing price-to-sales (P/S) ratio of 0.81, the price-to-book (PB) ratio of 0.67, and the price-to-cash flow ratio of 2.31 may also be considered.

Dividends from China Life Insurance Company Limited are $0.42 per share each year. LFC has a payout ratio of 0.00% and a dividend yield of 4.79%. The latest dividend of $0.4951 per share was paid out on Sep. 2, which is -3.56% less than last year’s $0.5134. On Wednesday June 30 2021, a $0.0183 dividend decrease was announced. There has been a 196.38% increase in dividends during the last three years.

According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.12, and the total debt-to-equity ratio was 0.12. In the recent year, operating margins totaled 6.80%. Based on annual data, LFC earned $7.9 billion in gross profit and brought in $116.64 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 8.60%. Return on equity (ROE) for the past 12 months was 13.90%. In the past year, the industry average ROE stood at 11.41.

Technical Picture

This quick technical analysis looks at China Life Insurance Company Limited’s (LFC) price momentum. With a historical volatility rate of 8.19%, the RSI 9-day stood at 47.82% on 24 November.

With respect to its five-day moving average, the current China Life Insurance Company Limited price is down by -0.90% percent or -$0.08. At present, LFC shares trade -2.12% below its 20-day simple moving average and -6.11% percent below its 100-day simple moving average. However, the stock is currently trading approximately +2.70% above its SMA50 and -17.05% below its SMA200.

Stochastic coefficient K was 62.77% and Stochastic coefficient D was 61.04%, while ATR was 0.11. Given the Stochastic reading of 58.44% for the 14-day period, the RSI (14) reading has been calculated as 49.96%. As of today, the MACD Oscillator reading stands at -0.04, while the 14-day reading stands at -0.01.

Analyst Ratings

CLSA upgraded its rating on China Life Insurance Company Limited (NYSE: LFC) to an Outperform in a note to investors on January 06, 2020. The analysts firm previously had an Underperform rating on the stock.China Life Insurance Company Limited (LFC) has been rated Hold by analysts. According to 1 brokerage firm, LFC is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate China Life Insurance Company Limited stock as buy, with 1 recommending it as overweight.

What is LFC’s price target for the next 12 months?

With a median target price of $26.00, the current consensus forecast for the stock is $26.00 – $26.00. Based on these forecasts, analysts predict China Life Insurance Company Limited (LFC) will achieve an average price target of $26.00.

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