ONECONNECT FINANCIAL TECHNOLOGY CO., LTD. (OCFT) Social Stream



ONECONNECT FINANCIAL TECHNOLOGY CO., LTD. (OCFT): $2.08

0.02 (+0.97%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

D

Add OCFT to Watchlist
Sign Up

Industry: Software - Business

Industry

B

Ranked

#28 of 46

in industry

ONECONNECT FINANCIAL TECHNOLOGY CO LTD (OCFT) Price Targets From Analysts

The tables below show the price targets and recommendations analysts covering OCFT.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-08-05 3 $7.6 $6 $7.033 $2.97 136.8%
2021-11-10 2 $6 $3.4 $4.7 $2.97 58.25%
2022-02-24 2 $6 $1.5 $3.1 $2.97 4.38%
2022-04-11 2 $1.8 $0.7 $1.333 $2.97 -55.12%
2022-08-15 3 $2.2 $0.7 $1.475 $2.97 -50.34%
2022-08-18 3 $2.2 $0.7 $1.438 $2.97 -51.58%
2022-11-14 3 $2.2 $0.7 $1.298 $2.97 -56.3%
2022-12-12 3 $22 $1.15 $12.762 $2.97 329.7%
2022-12-27 3 $22 $1.15 $11.61 $2.97 290.91%
2023-02-22 2 $22 $8 $14.475 $2.97 387.37%
2023-06-07 2 $15.9 $4 $10.633 $2.97 258.01%
2023-06-30 2 $15.9 $3.5 $7.8 $2.97 162.63%
2023-08-17 1 $3.5 $3.48 $3.49 $2.97 17.51%
2023-11-15 1 $3.67 $3.5 $3.585 $2.97 20.71%

Price Target Last Issued November 15, 2023

The Trend in the Analyst Price Target


OCFT's average price target has moved up $0.48 over the prior 21 months.

Over the past 46 weeks, OCFT's average upside potential has been 84.11%.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-02-22 3 15.9 8.00 11.966 6.98 71.43%
2023-02-22 3 22.0 8.00 14.475 6.98 107.38%
2023-06-07 2 15.9 4.00 10.633 3.43 210%
2023-06-30 2 15.9 3.50 7.800 3.30 136.36%
2023-08-17 2 3.5 3.48 3.490 3.30 5.76%

OCFT Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
3 0 0 1 0 0 1

The Trend in the Broker Recommendations


Over the past 46 months, OCFT's average broker recommendation rating worsened by 2.

The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.

  • ONECONNECT FINANCIAL TECHNOLOGY CO LTD's number of analysts covering the stock is greater than 117.64% of all US stocks.
  • In the context of Technology stocks, ONECONNECT FINANCIAL TECHNOLOGY CO LTD's average analyst price target is greater than 147.79% of them.
  • OCFT has a lower variance in analysts' estimates than -1653.63% of stocks in the mid market cap category.
  • To contextualize these metrics, consider that out of stocks in the mid market cap category, ONECONNECT FINANCIAL TECHNOLOGY CO LTD's upside potential (average analyst target price relative to current price) is greater than 1316.79% of them.

In terms of price targets and recommendations offered by analysts, the stocks in the Business Services industry with the ratings most similar to ONECONNECT FINANCIAL TECHNOLOGY CO LTD are HCAT, DOYU, and EB.

Is OCFT a Buy, Hold or Sell? See the POWR Ratings now!


Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!