NU (NYSE:NU) PT Raised to $15.20

NU (NYSE:NUGet Free Report) had its price objective hoisted by Jefferies Financial Group from $10.80 to $15.20 in a research report issued to clients and investors on Monday, Benzinga reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s price target suggests a potential upside of 29.47% from the company’s previous close.

Other equities research analysts also recently issued research reports about the stock. KeyCorp upped their target price on shares of NU from $12.00 to $13.00 and gave the company an “overweight” rating in a research note on Monday, April 22nd. Susquehanna raised their price objective on NU from $12.00 to $14.00 and gave the stock a “positive” rating in a research note on Wednesday, May 15th. Finally, TheStreet raised NU from a “c+” rating to a “b” rating in a research note on Friday, March 8th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $11.29.

Get Our Latest Stock Analysis on NU

NU Trading Down 4.2 %

Shares of NU stock traded down $0.51 during trading hours on Monday, reaching $11.74. The company had a trading volume of 44,375,070 shares, compared to its average volume of 28,497,018. NU has a 1-year low of $6.61 and a 1-year high of $12.97. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.40 and a quick ratio of 0.40. The firm has a market cap of $55.95 billion, a price-to-earnings ratio of 45.15, a P/E/G ratio of 0.57 and a beta of 1.13. The company has a 50 day moving average of $11.53 and a 200 day moving average of $10.55.

NU (NYSE:NUGet Free Report) last released its earnings results on Tuesday, May 14th. The company reported $0.09 earnings per share for the quarter, meeting the consensus estimate of $0.09. The firm had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.58 billion. NU had a return on equity of 22.94% and a net margin of 13.86%. On average, equities research analysts anticipate that NU will post 0.41 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Stokes Family Office LLC raised its position in shares of NU by 10.0% during the first quarter. Stokes Family Office LLC now owns 11,000 shares of the company’s stock worth $131,000 after acquiring an additional 1,000 shares during the last quarter. Yousif Capital Management LLC raised its stake in shares of NU by 5.5% in the fourth quarter. Yousif Capital Management LLC now owns 24,192 shares of the company’s stock worth $202,000 after purchasing an additional 1,261 shares during the last quarter. Precision Wealth Strategies LLC lifted its stake in NU by 3.2% during the 1st quarter. Precision Wealth Strategies LLC now owns 41,497 shares of the company’s stock valued at $495,000 after acquiring an additional 1,303 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in NU by 10.1% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 14,550 shares of the company’s stock worth $121,000 after purchasing an additional 1,330 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its stake in shares of NU by 4.2% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 33,583 shares of the company’s stock worth $243,000 after buying an additional 1,364 shares during the last quarter. Institutional investors and hedge funds own 80.90% of the company’s stock.

NU Company Profile

(Get Free Report)

Nu Holdings Ltd. provides digital banking platform and digital financial services in Brazil, Mexico, Colombia, and internationally. It offers Nu credit and debit cards; Ultraviolet credit and debit cards; and mobile payment solutions for NuAccount customers to make and receive transfers, pay bills, and make everyday purchases through their mobile phones.

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Analyst Recommendations for NU (NYSE:NU)

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