Is This Stock a Screaming Buy: China Life Insurance Co. Ltd. (NYSE:LFC)

Equity Research firms currently have a positive stance on shares of China Life Insurance Co. Ltd. (NYSE:LFC). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $17.46 on a short term basis.

At the time of writing, the stock was trading at $13.76. This represents a change from the opening price of -0.51%. In terms of performance, year to date, the stock is -13.51%. The monthly stock performance comes in at 7.46%. For the quarter, shares are performing at 29.86%. Weekly performance analysis shows the equity at 5.17%.

In taking a look at technical levels, shares are trading 10.03% away from the 50 day simple moving average and 15.02% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -34.48% away from it’s 52- week high and 36.64% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, China Life Insurance Co. Ltd.’s RSI stands at 61.78. In looking at volatility levels, the shares saw weekly volatility of 1.22% and 1.43% over the past month.

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