Lufax Stock Forecast, Price & News

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lufax in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Lufax stock.
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Lufax is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for Lufax.

Lufax Holding Ltd (NYSE:LU) issued its earnings results on Tuesday, February, 2nd. The company reported $0.19 earnings per share for the quarter, topping analysts' consensus estimates of $0.15 by $0.04. The firm earned $2.04 billion during the quarter, compared to analysts' expectations of $1.89 billion.
View Lufax's earnings history.

Lufax updated its first quarter 2021 After-Hours earnings guidance on Tuesday, February, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.192-2.238 billion.

10 analysts have issued 12-month price targets for Lufax's shares. Their forecasts range from $10.50 to $22.04. On average, they expect Lufax's share price to reach $17.57 in the next year. This suggests a possible upside of 28.7% from the stock's current price.
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Some companies that are related to Lufax include American Express (AXP), Zurich Insurance Group (ZURVY), Synchrony Financial (SYF), Hargreaves Lansdown (HRGLY), SBI (SBHGF), 360 DigiTech (QFIN), Walker & Dunlop (WD), Mr. Cooper Group (COOP), Green Dot (GDOT), AMTD International (HKIB), LexinFintech (LX), Sprott (SII), Blucora (BCOR), Oportun Financial (OPRT) and CURO Group (CURO).
View all of LU's competitors.

(LU) raised $2.2 billion in an IPO on Friday, October 30th 2020. The company issued 175,000,000 shares at $11.50-$13.50 per share. Goldman Sachs (Asia), BofA Securities, UBS Investment Bank, HSBC, China PA Securities (Hong Kong) Co., Morgan Stanley, CLSA and Jefferies served as the underwriters for the IPO and J.P. Morgan, BOCI, Haitong International, Stifel, China Renaissance and KeyBanc Capital Markets were co-managers.

Lufax trades on the New York Stock Exchange (NYSE) under the ticker symbol "LU."

Lufax's lock-up period expires on Wednesday, April 28th. Lufax had issued 175,000,000 shares in its public offering on October 30th. The total size of the offering was $2,362,500,000 based on an initial share price of $13.50. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

Lufax's stock is owned by a variety of institutional and retail investors. Top institutional investors include E Fund Management Hong Kong Co. Ltd. (0.00%).

LU stock was bought by a variety of institutional investors in the last quarter, including E Fund Management Hong Kong Co. Ltd..

Shares of LU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LU stock can currently be purchased for approximately $13.65.

Lufax has a market capitalization of $33.64 billion.

Lufax employs 87,240 workers across the globe.

The following companies are subsidiares of Lufax: Chongqing Jin An Microloan Limited, Gem Alliance Limited, Gem Blazing Limited, Harmonious Splendor Limited, Hunan Ping An Puhui Microloan Co. Ltd., Jinjiong (Shenzhen) Technology Service Limited, Lufax Holding (Shenzhen) Technology Service Co. Ltd., Ping An Financing Guarantee (Tianjin) Co. Ltd., Ping An Puhui Enterprises Management Co. Ltd., Ping An Puhui Financing Guarantee Co. Ltd., Ping An Puhui Information Service Co. Ltd., Ping An Puhui Investment & Consulting Co. Ltd., Shenzhen Ping An Puhui Microloan Co. Ltd., Weikun (Shanghai) Technology Service Co. Ltd., and Wincon Hong Kong Investment Company Limited.

Lufax was founded in 2005.

The official website for Lufax is www.lu.com.

Lufax is headquartered at NO. 1333 LUJIAZUI RING ROAD 15/F v, SHANGHAI F4, 200120.

Lufax's mailing address is NO. 1333 LUJIAZUI RING ROAD 15/F v, SHANGHAI F4, 200120. The company can be reached via phone at 86 21 3863 2121.