Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Ping An Insurance Company of China (PIAIF – Research Report), Bank of Communications Co (BKFCF – Research Report) and AIA Group (AAIGF – Research Report).
Ping An Insurance Company of China (PIAIF)
In a report released yesterday, Sam Wong from Jefferies maintained a Buy rating on Ping An Insurance Company of China, with a price target of HK$60.00. The company’s shares closed last Thursday at $4.50, close to its 52-week low of $4.06.
According to TipRanks.com, Wong has 0 stars on 0-5 stars ranking scale with an average return of
Currently, the analyst consensus on Ping An Insurance Company of China is a Strong Buy with an average price target of $9.09.
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Bank of Communications Co (BKFCF)
In a report released yesterday, Shujin Chen from Jefferies maintained a Hold rating on Bank of Communications Co, with a price target of HK$4.59. The company’s shares closed last Wednesday at $0.60.
The word on The Street in general, suggests a Hold analyst consensus rating for Bank of Communications Co with a $0.63 average price target, a 5.0% upside from current levels. In a report issued on December 19, J.P. Morgan also maintained a Hold rating on the stock with a HK$5.20 price target.
AIA Group (AAIGF)
In a report released yesterday, Philip Kett from Jefferies maintained a Buy rating on AIA Group, with a price target of HK$90.00. The company’s shares closed last Thursday at $8.68.
According to TipRanks.com, Kett is ranked #346 out of 8665 analysts.
AIA Group has an analyst consensus of Strong Buy, with a price target consensus of $12.71.
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