The average one-year price target for New China Life Insurance (OTCPK:NWWCF) has been increased to $6.20 per share, marking a 122.77% rise from the previous estimate of $2.78 on November 26, 2023. This new target represents a 209.90% increase from the latest reported closing price of $2.00 per share, with analyst targets ranging from a low of $3.69 to a high of $9.29 per share.
As of the last quarter, 140 funds and institutions hold positions in New China Life Insurance, a decrease of 1.41%. Institutional ownership has risen by 10.39% to 91.7 million shares. Notable shareholders include Vanguard Total International Stock Index Fund, which increased its holdings by 25.26% to 14.05 million shares, and Vanguard Emerging Markets Stock Index Fund, which raised its stake by 23.33% to 12.41 million shares.
