Lufax (NYSE:LU) Raised to “Hold” at Zacks Research

Lufax (NYSE:LU) was upgraded by equities research analysts at Zacks Research to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Other equities analysts also recently issued reports about the stock. JPMorgan Chase & Co. began coverage on shares of Lufax in a research note on Friday, April 17th. They issued a “neutral” rating and a $2.00 price target on the stock. Wall Street Zen cut shares of Lufax from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. Two analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $2.00.

Lufax Price Performance

LU opened at $1.90 on Tuesday. The business has a fifty day simple moving average of $2.24 and a 200 day simple moving average of $2.62. Lufax has a 1 year low of $1.73 and a 1 year high of $4.57. The company has a market capitalization of $1.64 billion, a PE ratio of -2.43 and a beta of 0.76.

Lufax (NYSE:LU) last posted its quarterly earnings data on Tuesday, February 17th. The company reported ($1.19) earnings per share for the quarter. The business had revenue of $724.89 million during the quarter.

Institutional Trading of Lufax

A number of institutional investors have recently modified their holdings of LU. Scientech Research LLC acquired a new stake in shares of Lufax during the 3rd quarter worth $46,000. Hudson Bay Capital Management LP bought a new position in shares of Lufax in the second quarter worth $58,000. Headlands Technologies LLC raised its stake in Lufax by 245.1% in the second quarter. Headlands Technologies LLC now owns 26,928 shares of the company’s stock valued at $75,000 after purchasing an additional 19,126 shares in the last quarter. Virtu Financial LLC bought a new stake in Lufax during the fourth quarter worth about $96,000. Finally, Profund Advisors LLC lifted its position in Lufax by 26.1% during the third quarter. Profund Advisors LLC now owns 31,714 shares of the company’s stock worth $129,000 after purchasing an additional 6,565 shares during the period. 69.14% of the stock is currently owned by institutional investors.

Key Stories Impacting Lufax

Here are the key news stories impacting Lufax this week:

• Positive Sentiment: Zacks Research upgraded Lufax to a “hold” (an upgrade), a small supportive datapoint for sentiment amid recent weakness. Zacks Research Upgrade
• Neutral Sentiment: Multiple plaintiff firms and investor‑rights groups are issuing deadline alerts for a May 20, 2026 lead‑plaintiff filing date; these notices are procedural but concentrate attention and could speed consolidation of claims. Rosen Law Firm Deadline Alert
• Negative Sentiment: A securities class action has been publicly filed alleging investor harm for purchases between April 7, 2023 and January 26, 2025; Hagens Berman highlights that the suit follows the firing of an auditor who allegedly raised “red flags,” a detail that raises accounting/governance risk. Hagens Berman Class Action
• Negative Sentiment: Several national plaintiffs’ firms (Bragar Eagel & Squire, Berger Montague, Pomerantz, Faruqi & Faruqi, Rosen, Levi & Korsinsky, and others) have issued investor alerts or announced claims — increasing the likelihood of consolidated litigation, higher legal costs, and potential settlement exposure. Bragar Eagel & Squire Alert
• Negative Sentiment: The volume of alerts and publicity can weigh on short‑term investor confidence and liquidity for LU shares, as market focus shifts from fundamentals (recent quarterly loss and revenue figures) to potential regulatory, accounting, and legal outcomes. Levi & Korsinsky Investor Alert

Lufax Company Profile

Lufax (NYSE: LU) is a leading provider of online wealth management and personal finance services in China. Established in 2011 as a spin-off from Ping An Insurance (Group) Company of China, Lufax has developed a digital ecosystem designed to match retail and institutional investors with a diverse array of financial products. The company went public on the New York Stock Exchange in October 2020, underscoring its ambition to expand beyond its domestic market.

The firm’s core business activities include peer-to-peer lending, consumer finance, supply chain and small-business lending, as well as online asset management.