Analyst Rating: Will China Life Insurance Co Ltd ADR (LFC) Stock Outperform the Market? – InvestorsObserver
Wall Street is positive on China Life Insurance Co Ltd ADR (LFC). On average, analysts give China Life Insurance Co Ltd ADR a Buy rating. The average price target is $11.85, which means analysts expect the stock to gain by 34.35% over the next twelve months.
That average ranking earns China Life Insurance Co Ltd ADR an Analyst Rating of 28, which is better than 28% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating LFC a Buy today. Find out what this means to you and get the rest of the rankings on LFC!
Why are Analyst Ratings Important?
A company’s financial statements are a significant factor weighted by experts when analyzing a company’s health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What’s Happening With China Life Insurance Co Ltd ADR Stock Today?
China Life Insurance Co Ltd ADR (LFC) stock is trading at $8.82 as of 2:20 PM on Thursday, Feb 17, a drop of -$0.19, or -2.05% from the previous closing price of $9.01. The stock has traded between $8.80 and $8.88 so far today. Volume today is low. So far 227,547 shares have traded compared to average volume of 641,211 shares.
Click Here to get the full Stock Report for China Life Insurance Co Ltd ADR stock.
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