Lufax (NYSE:LU) Raised to “Overweight” at JPMorgan Chase & Co.

Posted by on Jul 28th, 2026

Lufax (NYSE:LU – Get Free Report) was upgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a $2.00 target price on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 38.41% from the stock’s previous close.

Several other equities analysts also recently commented on LU. Zacks Research raised Lufax to a “hold” rating in a research report on Tuesday, April 21st. Wall Street Zen raised Lufax from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Lufax in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $2.00.

Check Out Our Latest Stock Analysis on Lufax

Lufax Stock Performance

Shares of LU opened at $1.45 on Tuesday. The firm has a market cap of $1.25 billion, a P/E ratio of -1.85 and a beta of 0.79. Lufax has a 52 week low of $1.20 and a 52 week high of $4.57. The firm’s 50-day simple moving average is $1.43 and its 200 day simple moving average is $2.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in LU. Amundi increased its holdings in shares of Lufax by 76.8% during the first quarter. Amundi now owns 97,223 shares of the company’s stock worth $282,000 after purchasing an additional 42,236 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Lufax by 32.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 604,823 shares of the company’s stock worth $1,796,000 after acquiring an additional 148,724 shares during the period. Goldman Sachs Group Inc. raised its holdings in Lufax by 0.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,343,505 shares of the company’s stock valued at $3,990,000 after acquiring an additional 8,236 shares in the last quarter. Geode Capital Management LLC raised its holdings in Lufax by 3.9% in the 2nd quarter. Geode Capital Management LLC now owns 143,238 shares of the company’s stock valued at $400,000 after acquiring an additional 5,417 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Lufax by 74.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 110,024 shares of the company’s stock valued at $307,000 after acquiring an additional 47,001 shares during the period. Institutional investors and hedge funds own 69.14% of the company’s stock.

Lufax Company Profile

(Get Free Report)

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.

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