Lufax Holding Ltd ADR (LU) stock forecast: Can it reach its 52-week high of $8.04

A share price of Lufax Holding Ltd ADR [LU] is currently trading at $4.34, up 1.64%. An important factor to consider is whether the stock is rising or falling in short-term value. The LU shares have gain 4.83% over the last week, with a monthly amount glided 28.78%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Lufax Holding Ltd ADR [NYSE: LU] stock has seen the most recent analyst activity on January 25, 2024, when BofA Securities downgraded its rating to a Neutral. Previously, UBS downgraded its rating to Sell on August 24, 2023, and dropped its price target to $1. On June 08, 2023, Bernstein initiated with a Outperform rating and assigned a price target of $2.50 on the stock. Macquarie upgraded its rating to a Outperform. Macquarie downgraded its rating to a Underperform but $1.50 remained the price target by the analyst firm on March 14, 2023. Citigroup downgraded its rating to Neutral for this stock on March 13, 2023, and downed its price target to $2.04. In a note dated November 25, 2022, JP Morgan downgraded an Underweight rating on this stock and revised its target price from $6.40 to $1.60.

Lufax Holding Ltd ADR experienced fluctuations in its stock price throughout the past year between $2.11 and $8.04. Currently, Wall Street analysts expect the stock to reach $4.85 within the next 12 months. Lufax Holding Ltd ADR [NYSE: LU] shares were valued at $4.34 at the most recent close of the market. An investor can expect a potential return of 11.75% based on the average LU price forecast.

Analyzing the LU fundamentals

Trailing Twelve Months sales for Lufax Holding Ltd ADR [NYSE:LU] were 4.88B which represents -46.27% decline. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.46.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 0.48, the price to book ratio is 0.20 and price to earnings (TTM) ratio is 18.97.

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