There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on UBS Group AG (UBS – Research Report) and China Life Insurance Co (CILJF – Research Report) with bullish sentiments.
UBS Group AG (UBS)
Berenberg Bank analyst Peter Richardson maintained a Buy rating on UBS Group AG today and set a price target of CHF32.00. The company’s shares closed last Tuesday at $29.54.
According to TipRanks.com, Richardson is a 4-star analyst with an average return of
UBS Group AG has an analyst consensus of Moderate Buy, with a price target consensus of $30.90, a 2.7% upside from current levels. In a report issued on April 23, Goldman Sachs also maintained a Buy rating on the stock with a CHF32.70 price target.
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China Life Insurance Co (CILJF)
DBS analyst Ken Shih maintained a Buy rating on China Life Insurance Co on May 3. The company’s shares closed last Tuesday at $1.39.
According to TipRanks.com, Shih is a 4-star analyst with an average return of
Currently, the analyst consensus on China Life Insurance Co is a Moderate Buy with an average price target of $1.75, implying a 25.9% upside from current levels. In a report issued on May 2, CMB International Securities also maintained a Buy rating on the stock with a HK$13.70 price target.
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