Lufax Holding Ltd (NYSE: LU) is 38.66% higher on its value in year-to-date trading and has touched a low of $1.26 and a high of $7.05 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LU stock was last observed hovering at around $2.68 in the last trading session, with the day’s gains setting it 0.01% off its average median price target of $14.08 for the next 12 months. It is also 93.38% off the consensus price target high of $40.66 offered by 17 analysts, but current levels are 71.98% higher than the price target low of $9.60 for the same period.
Currently trading at $2.69, the stock is 15.97% and 30.48% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 18.55 million and changing 0.37% at the moment leaves the stock -30.44% off its SMA200. LU registered -43.84% loss for a year compared to 6-month loss of -43.25%.
The stock witnessed a 35.18% gain in the last 1 month and extending the period to 3 months gives it a 55.49%, and is -1.82% 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 6.76% over the week and 8.55% over the month.
Lufax Holding Ltd (LU) has around 92380 employees, a market worth around $6.00B and $9.10B in sales. Current P/E ratio is 3.62 and Fwd P/E is 5.85. Profit margin for the company is 20.20%. Distance from 52-week low is 113.49% and -61.84% 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 “Hold”. 17 analysts offering their recommendations for the stock have an average rating of 2.50, where 8 rate it as a Hold and 0 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 3 analysts have rated the stock as a Sell or Underperform.
Lufax Holding Ltd is expected to release its quarterly report on 04/24/2023.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 1.22%.