China Life Insurance Company Limited American Depositary Shares (NYSE:LFC) traded at a new 52-week low today of $8.68. Approximately 605,000 shares have changed hands today, as compared to an average 30-day volume of 940,000 shares.
China Life Insurance Company Limited American Depositary Shares share prices have moved between a 52-week high of $12.99 and the current low of $8.68 and are currently at $8.77 per share.
China Life Insurance Company Limited American Depositary Shares (NYSE:LFC) has potential upside of 1.7% based on a current price of $8.77 and analysts’ consensus price target of $8.91.
Headquartered in Beijing and commanding around 20% share, China Life Insurance is the largest life insurance company in China. The firm offers group and individual life insurance through exclusive agents, bancassurance, and other marketing platforms. While the bulk of profits stem from life insurance policies, additional operations include short-term policies such as accident and health insurance. The company is currently undergoing a business transformation toward the sale of long-term protection products and away from short-term and single-premium products.
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