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HSBC Remains a Buy on Lufax Holding (LU)
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HSBC Remains a Buy on Lufax Holding (LU)

HSBC analyst Carson Lo maintained a Buy rating on Lufax Holding (LUResearch Report) yesterday and set a price target of $2.50. The company’s shares closed yesterday at $1.51.

According to TipRanks, Lo is ranked #7877 out of 8389 analysts.

Lufax Holding has an analyst consensus of Strong Buy, with a price target consensus of $2.85.

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LU market cap is currently HK$25.73B and has a P/E ratio of 5.15.

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Lufax Holding Ltd is a technology-empowered personal financial services platform in China. The company provides personal lending services to small business owners as well as salaried workers in China, and provides tailor-made wealth management solutions to China’s middle class and affluent population.

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