|Over a month ago|
OneConnect downgraded to Neutral from Buy at Goldman Sachs » 05:1202/2102/21/20
Goldman Sachs analyst…
Goldman Sachs analyst Bill Liu downgraded OneConnect Financial to Neutral from Buy with a reduced price target of $13.30. The company's Q4 results came in below expectations on average revenue per user drag from rapid premium customer acquisition and its continuous strategy of phasing out certain products, Liu tells investors in a research note. The analyst now sees limited upside from current share levels.
OneConnect initiated with an Overweight at JPMorgan (yesterday) » 07:3401/2301/23/20
JPMorgan analyst Alex Yao…
JPMorgan analyst Alex Yao yesterday initiated coverage of OneConnect Financial Technology with an Overweight rating and $23 price target. The analyst says the company is an early mover "to deliver strong growth in a sizable market."
OneConnect rises 8.5% » 12:0001/2201/22/20
OneConnect is up 8.5%, or…
OneConnect is up 8.5%, or $1.18 to $15.19.
OneConnect falls -11.2% » 12:0001/1401/14/20
OneConnect is down…
OneConnect is down -11.2%, or -$1.75 to $13.93.
OneConnect rises 14.5% » 12:0001/1001/10/20
OneConnect is up 14.5%,…
OneConnect is up 14.5%, or $1.96 to $15.50.
OneConnect rises 9.4% » 10:0001/0901/09/20
OneConnect is up 9.4%, or…
OneConnect is up 9.4%, or $1.18 to $13.74.
OneConnect rises 12.3% » 12:0001/0701/07/20
OneConnect is up 12.3%,…
OneConnect is up 12.3%, or $1.34 to $12.20.
OneConnect initiated with a Buy at BofA » 07:2201/0701/07/20
BofA analyst Emerson Chan…
BofA analyst Emerson Chan initiated coverage of OneConnect with a Buy rating and $18 price target. The analyst expects 57% revenue CAGR in FY19-22 driven by contribution from the Ping An Group, increased number of premium customers on upselling, and rising net expansion rate of premium customers on cross selling, new product launch and growth in Lufax.
OneConnect initiated with an Overweight at KeyBanc » 06:5401/0701/07/20
KeyBanc analyst Hans…
KeyBanc analyst Hans Chung initiated coverage of OneConnect with an Overweight rating and $15 price target, stating that he sees an accelerated need for digital transformation in small and medium-sized banks in China and believes the company's technology advantages and industry expertise could help differentiate it from competition.
OneConnect initiated with an Overweight at Morgan Stanley » 05:5701/0701/07/20
Morgan Stanley initiated…
Morgan Stanley initiated coverage of OneConnect Financial Technology with an Overweight rating and $16 price target.