OneConnect Financial Technology Co Ltd has a consensus price target of $9.94, established from looking at the 6 latest analyst ratings. The last 3 analyst ratings were released from Citigroup, HSBC, and HSBC on March 19, 2024, August 18, 2022, and February 24, 2022. With an average price target of $3.23 between Citigroup, HSBC, and HSBC, there's an implied 66.67% upside for OneConnect Financial Technology Co Ltd from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
03/19/2024 | OCFT | Buy Now | OneConnect Financial Tech | $1.94 | 260.82% | Citigroup | Judy Zhang | $6.98 → $7 | Maintains | Buy | Get Alert |
08/18/2022 | OCFT | Buy Now | OneConnect Financial Tech | $1.94 | -38.14% | HSBC | Carson Lo | $15 → $12 | Reinstates | → Hold | Get Alert |
02/24/2022 | OCFT | Buy Now | OneConnect Financial Tech | $1.94 | -22.68% | HSBC | Carson Lo | → $15 | Downgrade | Buy → Hold | Get Alert |
08/05/2021 | OCFT | Buy Now | OneConnect Financial Tech | $1.94 | 415.46% | Keybanc | Hans Chung | — | Maintains | Overweight | Get Alert |
08/04/2021 | OCFT | Buy Now | OneConnect Financial Tech | $1.94 | 286.6% | Morgan Stanley | Yang Liu | — | Downgrade | Overweight → Equal-Weight | Get Alert |
05/13/2021 | OCFT | Buy Now | OneConnect Financial Tech | $1.94 | 1137.11% | Keybanc | — | — | Maintains | Overweight | Get Alert |
The latest price target for OneConnect Financial Tech (NYSE: OCFT) was reported by Citigroup on March 19, 2024. The analyst firm set a price target for $7.00 expecting OCFT to rise to within 12 months (a possible 260.82% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for OneConnect Financial Tech (NYSE: OCFT) was provided by Citigroup, and OneConnect Financial Tech maintained their buy rating.
There is no last upgrade for OneConnect Financial Tech.
The last downgrade for OneConnect Financial Technology Co Ltd happened on February 24, 2022 when HSBC changed their price target from N/A to $1.5 for OneConnect Financial Technology Co Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of OneConnect Financial Tech, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for OneConnect Financial Tech was filed on March 19, 2024 so you should expect the next rating to be made available sometime around March 19, 2025.
While ratings are subjective and will change, the latest OneConnect Financial Tech (OCFT) rating was a maintained with a price target of $6.98 to $7.00. The current price OneConnect Financial Tech (OCFT) is trading at is $1.94, which is out of the analyst’s predicted range.
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