Lufax Holding Ltd (NYSE: LU) is -43.16% lower on its value in year-to-date trading and has touched a low of $3.30 and a high of $7.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LU stock was last observed hovering at around $3.31 in the last trading session, with the day’s loss setting it -0.11% off its average median price target of $42.44 for the next 12 months. It is also 94.61% off the consensus price target high of $59.41 offered by 16 analysts, but current levels are 89.48% higher than the price target low of $30.42 for the same period.
Currently trading at $3.20, the stock is -18.48% and -24.91% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.14 million and changing -3.32% at the moment leaves the stock -39.97% off its SMA200. LU registered -56.64% loss for a year compared to 6-month loss of -52.59%.
The stock witnessed a -22.14% gain in the last 1 month and extending the period to 3 months gives it a -49.37%, and is -10.86% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.13% over the week and 5.02% over the month.
Lufax Holding Ltd (LU) has around 92380 employees, a market worth around $7.47B and $9.20B in sales. Current P/E ratio is 3.66 and Fwd P/E is 3.31. Profit margin for the company is 23.70%. Distance from 52-week low is -3.03% and -58.97% from its 52-week high. The company has generated returns on investments over the last 12 months (12.50%).
Lufax Holding Ltd (LU) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Lufax Holding Ltd (LU) is a “Overweight”. 16 analysts offering their recommendations for the stock have an average rating of 2.00, where 3 rate it as a Hold and 0 think it is a “Overweight”. 12 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Lufax Holding Ltd is expected to release its quarterly report on 12/06/2022.The EPS is expected to grow by 12.60% this year
Lufax Holding Ltd (LU) Top Institutional Holders
The shares outstanding are 2.29B, and float is at 2.28B with Short Float at 1.08%.