Lufax Holding Ltd ADR (LU) – Mismatched value: Check Out the Fundamental Analysis

In yesterday’s Wall Street session, Lufax Holding Ltd ADR (NYSE:LU) shares traded at $1.12, up 1.82% from the previous session.

As of this writing, 16 analysts cover Lufax Holding Ltd ADR (NYSE:LU). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $18.27 and a low of $7.28, we find $10.14. Given the previous closing price of $1.10, this indicates a potential upside of 821.82 percent. LU stock price is now 3.11% away from the 50-day moving average and -33.00% away from the 200-day moving average. The market capitalization of the company currently stands at $2.57B.

There are 6 analysts who have given it a hold rating, whereas 5 have given it a buy rating. Brokers who have rated the stock have averaged $10.97 as their price target over the next twelve months.

With the price target reduced from $1.60 to $1, UBS Downgraded its rating from Neutral to Sell for Lufax Holding Ltd ADR (NYSE: LU).

A total of 0.04% of the company’s stock is owned by insiders.

During the past 12 months, Lufax Holding Ltd ADR has had a low of $0.87 and a high of $3.32. The fifty day moving average price for LU is $1.0862 and a two-hundred day moving average price translates $1.6716 for the stock.

The latest earnings results from Lufax Holding Ltd ADR (NYSE: LU) was released for Jun, 2023. According to the Credit Services Company, earnings per share came in at $0.06, beating analysts’ expectations of $0.05 by 0.01. This compares to $0.18 EPS in the same period last year. The net profit margin was 4.82% and return on equity was 2.32% for LU. The company reported revenue of $1.28 billion for the quarter, compared to $2.28 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -43.99 percent. For the current quarter, analysts expect LU to generate $1.21B in revenue.

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