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China Life Insurance Company (LFC) In Focus: Stock Moves 6% Higher

Published 08/28/2017, 08:32 AM
Updated 07/09/2023, 06:31 AM
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China Life Insurance Company Limited (NYSE:LFC) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $14.82 –$16.53 in the past one-month time frame, showed a sharp increase yesterday.

The company has not seen any estimate revisions over the past one month, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

China Life Insurance Company currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the Insurance - Life Insurance industry is Manulife Financial Corporation (NYSE:MFC) , which currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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China Life Insurance Company Limited (LFC): Free Stock Analysis Report

Manulife Financial Corp (MFC): Free Stock Analysis Report

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