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China Life Insurance (LFC) Stock Forecast for 2024–2028. Sell or Buy?
Updated: March 18, 2024 (11:08)
Sector: FinancialThe share price of China Life Insurance Company Lim. (LFC) now
50/200 Day Moving Average: $ / $
This figure corresponds to the Average Price over the previous 50/200 days. For China Life Insurance stocks, the 50-day moving average is the support level today.
For China Life Insurance stocks, the 200-day moving average is the support level today.
Are you interested in China Life Insurance Company Lim. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the China Life Insurance stock price in 2023, 2024, 2025, 2026, 2027. How much will one China Life Insurance share be worth in 2023 - 2027?
When should I take profit in China Life Insurance stock? When should I record a loss on China Life Insurance stock? What are analysts' forecasts for China Life Insurance stock? What is the future of China Life Insurance stock? We forecast China Life Insurance stock performance using neural networks based on historical data on China Life Insurance stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
China Life Insurance stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2023, 2024, 2025, 2026 and 2027) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for China Life Insurance shares. This happens once a day.
Historical and forecast chart of China Life Insurance stock
The chart below shows the historical price of China Life Insurance stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the China Life Insurance stock price can be found in the table below.
Long-term forecasts by years.
China Life Insurance is a large state financial insurance company in China, about 70% of China Life is owned by the state. It has significant shares of life and health insurance in China. The main products offered by the company are individual life insurance, group life insurance, accident insurance and health insurance policies. It occupies a significant share of life and health insurance in China.
In 2016, the company’s consolidated operating income reached RMB 696.3 billion. In 2017, the company was ranked 51st in The Fortune Global 500, China Life has been on this list for 15 consecutive years.
The predecessor of China Life Insurance (Group), PICC was founded in 1949. And PICC (Life) Co., Ltd was established in 1996 after its separation from the former PICC.
China Life Insurance daily forecast for a month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan 27 | 7.10 | 7.06 | 7.13 | 0.95 |
| Jan 28 | 7.12 | 7.06 | 7.14 | 1.12 |
| Jan 29 | 7.05 | 7.03 | 7.07 | 0.52 |
| Jan 30 | 6.99 | 6.97 | 7.04 | 0.92 |
| Jan 31 | 6.97 | 6.94 | 7.01 | 1.05 |
| Feb 01 | 7.02 | 6.96 | 7.04 | 1.18 |
| Feb 02 | 7.01 | 6.96 | 7.03 | 1.04 |
| Feb 03 | 7.01 | 6.98 | 7.04 | 0.85 |
| Feb 04 | 6.96 | 6.92 | 7.02 | 1.46 |
| Feb 05 | 6.90 | 6.85 | 6.93 | 1.05 |
| Feb 06 | 6.86 | 6.84 | 6.90 | 0.87 |
| Feb 07 | 6.85 | 6.81 | 6.88 | 1.07 |
| Feb 08 | 6.83 | 6.81 | 6.85 | 0.55 |
| Feb 09 | 6.82 | 6.80 | 6.86 | 0.89 |
| Feb 10 | 6.87 | 6.83 | 6.92 | 1.33 |
| Feb 11 | 6.90 | 6.85 | 6.93 | 1.17 |
| Feb 12 | 6.86 | 6.84 | 6.88 | 0.55 |
| Feb 13 | 6.85 | 6.83 | 6.88 | 0.71 |
| Feb 14 | 6.80 | 6.78 | 6.83 | 0.73 |
| Feb 15 | 6.78 | 6.72 | 6.82 | 1.51 |
| Feb 16 | 6.78 | 6.73 | 6.80 | 1.15 |
| Feb 17 | 6.78 | 6.74 | 6.82 | 1.20 |
| Feb 18 | 6.82 | 6.77 | 6.87 | 1.43 |
| Feb 19 | 6.83 | 6.80 | 6.86 | 0.95 |
| Feb 20 | 6.89 | 6.86 | 6.95 | 1.28 |
| Feb 21 | 6.87 | 6.81 | 6.89 | 1.16 |
| Feb 22 | 6.84 | 6.79 | 6.89 | 1.58 |
| Feb 23 | 6.83 | 6.77 | 6.86 | 1.22 |
| Feb 24 | 6.76 | 6.74 | 6.80 | 0.99 |
| Feb 25 | 6.71 | 6.69 | 6.74 | 0.78 |
China Life Insurance Daily Price Targets
China Life Insurance Stock Forecast 01-27-2024.
Forecast target price for 01-27-2024: $7.10.
Positive dynamics for China Life Insurance shares will prevail with possible volatility of 0.942%.
Pessimistic target level: 7.06
Optimistic target level: 7.13
China Life Insurance Stock Forecast 01-28-2024.
Forecast target price for 01-28-2024: $7.12.
Positive dynamics for China Life Insurance shares will prevail with possible volatility of 1.108%.
Pessimistic target level: 7.06
Optimistic target level: 7.14
China Life Insurance Stock Forecast 01-29-2024.
Forecast target price for 01-29-2024: $7.05.
Negative dynamics for China Life Insurance shares will prevail with possible volatility of 0.516%.
Pessimistic target level: 7.03
Optimistic target level: 7.07
China Life Insurance Stock Forecast 01-30-2024.
Forecast target price for 01-30-2024: $6.99.
Negative dynamics for China Life Insurance shares will prevail with possible volatility of 0.908%.
Pessimistic target level: 6.97
Optimistic target level: 7.04
China Life Insurance Stock Forecast 01-31-2024.
Forecast target price for 01-31-2024: $6.97.
Negative dynamics for China Life Insurance shares will prevail with possible volatility of 1.038%.
Pessimistic target level: 6.94
Optimistic target level: 7.01
China Life Insurance Stock Forecast 02-01-2024.
Forecast target price for 02-01-2024: $7.02.
Positive dynamics for China Life Insurance shares will prevail with possible volatility of 1.163%.
Pessimistic target level: 6.96
Optimistic target level: 7.04
LFC (LFC) Monthly Stock Prediction for 2023
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Dec. | 7.30 | 7.24 | 7.39 | 2.05 |
China Life Insurance forecast for this year
China Life Insurance Stock Prediction for Dec 2023
An uptrend is forecast for this month with an optimal target price of $7.30098. Pessimistic: $7.24. Optimistic: $7.39
China Life Insurance (LFC) Monthly Stock Prediction for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 7.51 | 7.32 | 7.64 | 4.28 |
| Feb | 7.42 | 7.18 | 7.58 | 5.28 |
| Mar | 7.38 | 7.16 | 7.54 | 4.97 |
| Apr | 7.17 | 6.95 | 7.32 | 5.02 |
| May | 7.15 | 6.94 | 7.35 | 5.60 |
| Jun | 7.03 | 6.85 | 7.17 | 4.55 |
| Jul | 7.14 | 6.98 | 7.35 | 5.09 |
| Aug | 7.09 | 6.97 | 7.31 | 4.62 |
| Sep | 7.22 | 7.12 | 7.41 | 3.90 |
| Oct | 7.24 | 7.07 | 7.45 | 5.13 |
| Nov | 7.07 | 6.90 | 7.17 | 3.71 |
| Dec | 6.98 | 6.80 | 7.17 | 5.11 |
China Life Insurance (LFC) Monthly Stock Prediction for 2025
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 7.12 | 7.00 | 7.34 | 4.66 |
| Feb | 7.27 | 7.09 | 7.36 | 3.64 |
| Mar | 7.15 | 7.03 | 7.32 | 4.06 |
| Apr | 7.28 | 7.06 | 7.40 | 4.64 |
| May | 7.50 | 7.32 | 7.70 | 4.83 |
| Jun | 7.65 | 7.57 | 7.86 | 3.70 |
| Jul | 7.46 | 7.35 | 7.65 | 3.94 |
| Aug | 7.22 | 7.14 | 7.42 | 3.70 |
| Sep | 7.14 | 6.97 | 7.30 | 4.50 |
| Oct | 7.13 | 6.99 | 7.29 | 4.15 |
| Nov | 7.39 | 7.27 | 7.48 | 2.88 |
| Dec | 7.60 | 7.48 | 7.67 | 2.50 |
China Life Insurance (LFC) Monthly Stock Prediction for 2026
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 7.62 | 7.55 | 7.70 | 1.90 |
| Feb | 7.66 | 7.44 | 7.74 | 3.80 |
| Mar | 7.72 | 7.59 | 7.84 | 3.19 |
| Apr | 7.73 | 7.64 | 7.80 | 2.06 |
| May | 7.50 | 7.38 | 7.63 | 3.26 |
| Jun | 7.55 | 7.33 | 7.71 | 4.97 |
| Jul | 7.42 | 7.31 | 7.48 | 2.26 |
| Aug | 7.36 | 7.15 | 7.42 | 3.69 |
| Sep | 7.51 | 7.42 | 7.60 | 2.41 |
| Oct | 7.58 | 7.35 | 7.81 | 5.90 |
| Nov | 7.67 | 7.52 | 7.89 | 4.70 |
| Dec | 7.68 | 7.59 | 7.93 | 4.26 |
China Life Insurance (LFC) Monthly Stock Prediction for 2027
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 7.59 | 7.36 | 7.72 | 4.75 |
| Feb | 7.67 | 7.47 | 7.91 | 5.58 |
| Mar | 7.47 | 7.29 | 7.57 | 3.71 |
| Apr | 7.37 | 7.30 | 7.48 | 2.48 |
| May | 7.25 | 7.17 | 7.36 | 2.60 |
| Jun | 7.21 | 7.06 | 7.40 | 4.56 |
| Jul | 7.37 | 7.29 | 7.46 | 2.21 |
| Aug | 7.48 | 7.38 | 7.69 | 4.05 |
| Sep | 7.42 | 7.33 | 7.58 | 3.29 |
| Oct | 7.56 | 7.34 | 7.66 | 4.07 |
| Nov | 7.83 | 7.70 | 8.02 | 4.02 |
| Dec | 7.76 | 7.65 | 7.92 | 3.45 |
China Life Insurance information and performance
N/A
Market capitalization of the China Life Insurance Company Lim. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of LFC shares in the company outstanding by the market price of one share.
EBITDA of China Life Insurance is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
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