In a report released today, Emma Xu from Bank of America Securities reiterated a Buy rating on Lufax Holding (LU – Research Report), with a price target of $1.80. The company’s shares closed yesterday at $1.50.
According to TipRanks, Xu is ranked #6817 out of 8445 analysts.
Lufax Holding has an analyst consensus of Strong Buy, with a price target consensus of $2.17, which is a 44.67% upside from current levels. In a report released on June 27, HSBC also maintained a Buy rating on the stock with a $2.50 price target.
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LU market cap is currently HK$28.08B and has a P/E ratio of 5.60.
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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.
