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

Zacks Research upgraded shares of Lufax (NYSE:LU) to a hold rating in a research report released on Tuesday,Zacks.com reports.

A number of other equities analysts also recently issued reports on the stock. Wall Street Zen downgraded shares of Lufax from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. JPMorgan Chase & Co. assumed coverage on Lufax in a research report on Friday, April 17th. They issued a “neutral” rating and a $2.00 price target for the company. Two equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $2.00.

Lufax Price Performance

LU opened at $1.90 on Tuesday. Lufax has a 12 month low of $1.73 and a 12 month high of $4.57. The stock has a market capitalization of $1.64 billion, a P/E ratio of -2.43 and a beta of 0.76. The business has a 50 day simple moving average of $2.24 and a 200-day simple moving average of $2.62.

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

Institutional Investors Weigh In On Lufax

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

Lufax News Summary

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.