OneConnect Financial Technology - OCFT Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $1.59
  • Forecasted Upside: 109.21 %
  • Number of Analysts: 2
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$0.76
+0 (0.00%)

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Analyst Price Target for OCFT

Analyst Price Target is $1.59
▲ +109.21% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for OneConnect Financial Technology in the last 3 months. The average price target is $1.59, with a high forecast of $1.59 and a low forecast of $1.59. The average price target represents a 109.21% upside from the last price of $0.76.

This chart shows the closing price for OCFT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 2 contributing investment analysts is to hold stock in OneConnect Financial Technology. This rating has held steady since March 2022, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
6/15/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/13/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/12/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/12/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
6/10/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
9/8/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
11/7/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
12/7/2022

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/18/2022CitigroupLower Target$1.85 ➝ $1.59Low
8/18/2022HSBCReiterated RatingHoldLow
3/14/2022JPMorgan Chase & Co.DowngradeNeutral ➝ UnderweightHigh
2/24/2022HSBCDowngradeBuy ➝ HoldHigh
8/5/2021KeyCorpLower TargetOverweight$24.00 ➝ $10.00Medium
8/5/2021CLSALower TargetBuy$21.00 ➝ $11.00High
8/4/2021Morgan StanleyDowngradeOverweight ➝ Equal Weight$19.00 ➝ $7.50High
5/13/2021KeyCorpLower TargetOverweight$28.00 ➝ $24.00Low
2/4/2021HSBCLower TargetBuy$27.00 ➝ $26.00High
11/5/2020Smith Barney CitigroupInitiated CoverageBuy$28.00Low
8/6/2020KeyCorpBoost TargetOverweight$22.00 ➝ $28.00Medium
7/21/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$24.00Low
6/23/2020KeyCorpBoost TargetPositive ➝ Overweight$14.00 ➝ $22.00High
4/20/2020KeyCorpReiterated RatingBuy$14.00Medium
3/26/2020KeyCorpLower TargetOverweight$15.00 ➝ $14.00High
2/21/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral$13.30Low
1/23/2020JPMorgan Chase & Co.Initiated CoverageOverweight$21.00Low
1/7/2020Bank of AmericaInitiated CoverageBuy$18.00High
1/7/2020KeyCorpInitiated CoverageOverweight$15.00High
1/7/2020Morgan StanleyInitiated CoverageOverweight$16.00High
1/7/2020The Goldman Sachs GroupInitiated CoverageBuy$15.90High
(Data available from 12/7/2017 forward)

News Sentiment Rating

0.56 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
5/11/2022
  • 2 very positive mentions
  • 4 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
6/10/2022
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/10/2022
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/9/2022
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/8/2022
  • 2 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/8/2022
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/7/2022
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/7/2022

Current Sentiment

  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
OneConnect Financial Technology logo
OneConnect Financial Technology Co., Ltd. provides cloud-platform-based Fintech solutions, and online information and operating support services for financial institutions in the People's Republic of China. It offers digital retail banking, digital commercial banking, digital auto insurance and life insurance, and artificial intelligence customer services, as well as sales management, risk management, and operation support services. The company also operates gamma core banking system, a customer centric solution; digitalized management platform that offers digital infrastructure for financial institutions to manage various aspects of their business, including data, smart operation, comprehensive risk, and asset and liability management, as well as accounting, personnel, and office management; Gamma FinCloud, an open PaaS and IaaS platform for ready-to-integrate financial technology components; and Blockchain network-as-a-service. In addition, it operates Regtech, an end-to-end regulatory solution to help regulatory authorities automate and digitalize their operations; and offers asset management and consulting services. The company serves customers in the financial services industry, including banking, insurance, and other financial institutions. It has a strategic agreement with the Hainan Local Financial Supervision Administration to develop smart financial and smart supervision services in the island province of Hainan, as well as the financial sector in Hainan free trade port. OneConnect Financial Technology Co., Ltd. was founded in 2015 and is headquartered in Shenzhen, the People's Republic of China.
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Today's Range

Now: $0.76
Low: $0.73
High: $0.78

50 Day Range

MA: $0.71
Low: $0.51
High: $0.91

52 Week Range

Now: $0.76
Low: $0.47
High: $2.83

Volume

358,026 shs

Average Volume

637,360 shs

Market Capitalization

$296.39 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.27

Frequently Asked Questions

What sell-side analysts currently cover shares of OneConnect Financial Technology?

The following sell-side analysts have issued stock ratings on OneConnect Financial Technology in the last twelve months: Citigroup Inc., HSBC Holdings plc, and JPMorgan Chase & Co..
View the latest analyst ratings for OCFT.

What is the current price target for OneConnect Financial Technology?

1 Wall Street analysts have set twelve-month price targets for OneConnect Financial Technology in the last year. Their average twelve-month price target is $1.59, suggesting a possible upside of 109.2%. Citigroup Inc. has the highest price target set, predicting OCFT will reach $1.59 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $1.59 for OneConnect Financial Technology in the next year.
View the latest price targets for OCFT.

What is the current consensus analyst rating for OneConnect Financial Technology?

OneConnect Financial Technology currently has 1 sell rating and 1 hold rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in OCFT, but not buy more shares or sell existing shares.
View the latest ratings for OCFT.

What other companies compete with OneConnect Financial Technology?

Other companies that are similar to OneConnect Financial Technology include Viant Technology, Tiga Acquisition, Outbrain, AdTheorent and Alithya Group. Learn More about companies similar to OneConnect Financial Technology.

How do I contact OneConnect Financial Technology's investor relations team?

OneConnect Financial Technology's physical mailing address is 55F PING AN FINANCIAL CENTER NO. 5033 YITIAN ROAD, SHENZHEN F4, 518000. The company's listed phone number is 852-3757-9718 and its investor relations email address is [email protected] The official website for OneConnect Financial Technology is www.ocft.com. Learn More about contacing OneConnect Financial Technology investor relations.