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Lufax Holding Ltd - ADR (LU) Stock: Do Analysts Think You Should Sell?

Tuesday, October 24, 2023 11:33 AM | InvestorsObserver Analysts

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Lufax Holding Ltd - ADR (LU) Stock: Do Analysts Think You Should Sell?

Wall Street is positive on Lufax Holding Ltd - ADR (LU). On average, analysts give LU a Buy rating. The average price target is $1.633, which means analysts expect the stock to rise by 64.95% over the next twelve months. That average ranking earns LU an Analyst Rating of 18, which is better than 18% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.4
Wall Street analysts are rating LU a Buy today. Find out what this means to you and get the rest of the rankings on LU!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Lufax Holding Ltd - ADR Stock Today?

Lufax Holding Ltd - ADR (LU) stock is trading at $0.99 as of 11:25 AM on Tuesday, Oct 24, a rise of $0.04, or 4.42% from the previous closing price of $0.94. The stock has traded between $0.95 and $1.03 so far today. Volume today is low. So far 4,695,493 shares have traded compared to average volume of 9,488,173 shares. Click Here to get the full Stock Report for Lufax Holding Ltd - ADR stock.

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