Lufax Holding Ltd ADR (NYSE:LU) shares traded -5.27% lower at $0.86 on Wall Street last session.
In accordance with the data, 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 $11.30 and a low of $3.50, we find $8.39. Given the previous closing price of $0.91, this indicates a potential upside of 821.98 percent. LU stock price is now -15.92% away from the 50-day moving average and -44.11% away from the 200-day moving average. The market capitalization of the company currently stands at $1.97B.
It has been rated a hold by 6 analysts and a buy by 4. Brokers who have rated the stock have averaged $8.41 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.
Lufax Holding Ltd ADR (NYSE: LU) opened at $0.8768 on Monday. During the past 12 months, Lufax Holding Ltd ADR has had a low of $0.82 and a high of $3.32. The fifty day moving average price for LU is $1.0198 and a two-hundred day moving average price translates $1.5342 for the stock.
The latest earnings results from Lufax Holding Ltd ADR (NYSE: LU) was released for Sep, 2023. According to the Credit Services Company, earnings per share came in at $0.01, missing analysts’ expectations of $0.04 by -0.03. This compares to $0.08 EPS in the same period last year. The net profit margin was 2.35% and return on equity was 1.04% for LU. The company reported revenue of $1.1 billion for the quarter, compared to $1.85 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -40.51 percent. For the current quarter, analysts expect LU to generate $1.05B in revenue.
