Ping An Insurance traded at 49.12 this Wednesday June 24th, decreasing 1.28 or 2.54 percent since the previous trading session. Looking back, over the last four weeks, Ping An Insurance lost 9.41 percent. Over the last 12 months, its price fell by 15.13 percent. Looking ahead, we forecast Ping An Insurance to be priced at 48.33 by the end of this quarter and at 45.31 in one year, according to Trading Economics global macro models projections and analysts expectations.
Ping An Insurance (Group) Company of China, Ltd. is a personal financial services provider. The Company provides insurance, banking, investment, and Internet finance products and services. The Company operates its businesses through four segments. The Insurance segment provides life insurance and property insurance, including term, whole-life, endowment, annuity, automobile and health insurance. The Banking segment is engaged in loan and intermediary businesses with corporate customers and retail business. The Assets management segment is engaged in security, trust and other assets management businesses, including investment, brokerage, trading and asset management services. The Internet Financing segment is engaged in the provision of Internet finance products and services.