Consensus Rating1
Buy
Highest Price Target1
$7.00
Lowest Price Target1
$1.20
Consensus Price Target1
$4.10

OneConnect Financial Tech (NYSE:OCFT) Stock, Analyst Ratings, Price Targets, Forecasts

OneConnect Financial Technology Co Ltd has a consensus price target of $4.1 based on the ratings of 2 analysts. The high is $7 issued by Citigroup on March 19, 2024. The low is $1.2 issued by HSBC on August 18, 2022. The 3 most-recent analyst ratings were released by Citigroup, HSBC, and HSBC on March 19, 2024, August 18, 2022, and February 24, 2022, respectively. With an average price target of $3.23 between Citigroup, HSBC, and HSBC, there's an implied 18.00% upside for OneConnect Financial Technology Co Ltd from these most-recent analyst ratings.

Analyst Rating and Forecast
12345
3.5
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Citigroup
HSBC

1calculated from analyst ratings

Analyst Ratings for OneConnect Financial Tech

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FAQ

Q

What is the target price for OneConnect Financial Tech (OCFT) stock?

A

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 155.47% upside). 1 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for OneConnect Financial Tech (OCFT)?

A

The latest analyst rating for OneConnect Financial Tech (NYSE:OCFT) was provided by Citigroup, and OneConnect Financial Tech maintained their buy rating.

Q

When was the last upgrade for OneConnect Financial Tech (OCFT)?

A

There is no last upgrade for OneConnect Financial Tech

Q

When was the last downgrade for OneConnect Financial Tech (OCFT)?

A

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.

Q

When is the next analyst rating going to be posted or updated for OneConnect Financial Tech (OCFT)?

A

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.

Q

Is the Analyst Rating OneConnect Financial Tech (OCFT) correct?

A

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 $2.74, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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