OneConnect Financial Technology - OCFT Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $7.00
  • Forecasted Upside: 166.46%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$2.63
▲ +0.03 (1.16%)

This chart shows the closing price for OCFT by one month, three months, or twelve months.

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Analyst Price Target for OCFT

Analyst Price Target is $7.00
▲ +166.46% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for OneConnect Financial Technology in the last 3 months. The average price target is $7.00, with a high forecast of $7.00 and a low forecast of $7.00. The average price target represents a 166.46% upside from the last price of $2.63.

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 Buy

The current consensus among 1 investment analysts is to buy stock in OneConnect Financial Technology. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/12/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/10/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/8/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/6/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/6/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/4/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/3/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/2/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
3/19/2024CitigroupBoost TargetBuy$6.98 ➝ $7.00
6/30/2023HSBCLower Target$8.60 ➝ $3.50
8/18/2022CitigroupLower Target$18.50 ➝ $15.90
8/18/2022HSBCReiterated RatingHold
3/14/2022JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight
2/24/2022HSBCDowngradeBuy ➝ Hold
8/5/2021KeyCorpLower TargetOverweight$240.00 ➝ $100.00
8/5/2021CLSALower TargetBuy$210.00 ➝ $110.00
8/4/2021Morgan StanleyDowngradeOverweight ➝ Equal Weight$190.00 ➝ $75.00
5/13/2021KeyCorpLower TargetOverweight$280.00 ➝ $240.00
2/4/2021HSBCLower TargetBuy$270.00 ➝ $260.00
11/5/2020Smith Barney CitigroupInitiated CoverageBuy$280.00
8/6/2020KeyCorpBoost TargetOverweight$220.00 ➝ $280.00
7/21/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$240.00
6/23/2020KeyCorpBoost TargetPositive ➝ Overweight$140.00 ➝ $220.00
4/20/2020KeyCorpReiterated RatingBuy$140.00
3/26/2020KeyCorpLower TargetOverweight$150.00 ➝ $140.00
2/21/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral$133.00
1/23/2020JPMorgan Chase & Co.Initiated CoverageOverweight$210.00
1/7/2020Bank of AmericaInitiated CoverageBuy$180.00
1/7/2020KeyCorpInitiated CoverageOverweight$150.00
1/7/2020Morgan StanleyInitiated CoverageOverweight$160.00
1/7/2020The Goldman Sachs GroupInitiated CoverageBuy$159.00
(Data available from 11/2/2019 forward)

News Sentiment Rating

0.59 (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
  • 2 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/6/2024
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/6/2024
  • 0 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/5/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/5/2024
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/4/2024
  • 1 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/3/2024
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/3/2024
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/2/2024

Current Sentiment

  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Very Positive

  • No very positive mentions tracked during this time.
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 operates in Technology Solutions and Virtual Bank Business segments. The company offers Gamma Platform, which offers a toolbox of separate solution modules that provide technology infrastructure and underlying technologies; marketing management platform, developed from AI Banker App, provides banks relationship managers with technology that supports in managing their acquisition and relationships with retail customers; and wealth management platform that provides banks with tools to enhance the efficiency of their wealth management business. It also provides intelligent product development platform for banks, which allows to shorten product development cycle, enhance speed to market, and facilitate product portfolio management; Regtech, an end-to-end regulatory solution for financial regulatory authorities; asset-liability management solution provides analytics to enhance financial institutions asset liquidity performance; and digital insurance solutions for digitalizing the insurance process, marketing, customer management, and claim processing under intelligent property and casualty insurance and life insurance solution. In addition, the company provides Gamma Voice Solution, an AI customer service for support customer service functions; and Gamma FinCloud, which allows entities with expensive-to-replace legacy systems to directly migrate to the cloud to securely maintain their data. Further, it offers information transmission, information technology advisory, E-commerce security certificate administration, technology promotion and computer application, software and technology, insurance survey and loss adjustment, and asset management and consulting services. The company was founded in 2015 and is headquartered in Shenzhen, the People's Republic of China.
Read More

Today's Range

Now: $2.63
Low: $2.49
High: $2.63

50 Day Range

MA: $2.00
Low: $1.00
High: $4.56

52 Week Range

Now: $2.63
Low: $0.87
High: $4.98

Volume

24,073 shs

Average Volume

49,043 shs

Market Capitalization

$102.45 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.67

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..
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 $7.00, suggesting a possible upside of 166.5%. Citigroup Inc. has the highest price target set, predicting OCFT will reach $7.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $7.00 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 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe OCFT will outperform the market and that investors should add to their positions of OneConnect Financial Technology.
View the latest ratings for OCFT.

What other companies compete with OneConnect Financial Technology?

Other companies that are similar to OneConnect Financial Technology include BigCommerce, BigBear.ai, Materialise, CS Disco and MiX Telematics. 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.