Nu Holdings Ltd. (NYSE:NU – Get Free Report) has been given an average recommendation of “Hold” by the ten research firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $15.47.
A number of brokerages recently weighed in on NU. Citigroup downgraded shares of NU from a “neutral” rating to a “sell” rating and lowered their price objective for the company from $14.60 to $11.00 in a research report on Monday, December 2nd. KeyCorp increased their price target on NU from $15.00 to $17.00 and gave the stock an “overweight” rating in a research report on Thursday, November 14th. Barclays cut their price target on NU from $17.00 to $15.00 and set an “overweight” rating on the stock in a report on Monday. JPMorgan Chase & Co. lowered their price objective on NU from $15.00 to $14.00 and set a “neutral” rating for the company in a research note on Monday. Finally, The Goldman Sachs Group raised their target price on NU from $17.00 to $19.00 and gave the company a “buy” rating in a research note on Thursday, November 14th.
Institutional Investors Weigh In On NU
NU Price Performance
Shares of NYSE NU opened at $11.50 on Friday. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $54.78 billion, a price-to-earnings ratio of 28.74, a price-to-earnings-growth ratio of 0.48 and a beta of 1.10. NU has a twelve month low of $9.67 and a twelve month high of $16.15. The business has a 50 day simple moving average of $11.92 and a 200-day simple moving average of $13.23.
NU (NYSE:NU – Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.12 earnings per share for the quarter, meeting the consensus estimate of $0.12. NU had a net margin of 17.12% and a return on equity of 30.99%. The firm had revenue of $2.99 billion during the quarter, compared to analyst estimates of $3.17 billion. As a group, equities research analysts expect that NU will post 0.58 earnings per share for the current year.
NU Company Profile
Nu Holdings Ltd. is a holding company, which engages in the provision of digital banking services. The company was founded by David Vélez Osorno, Cristina Helena Zingaretti Junqueira, and Adam Edward Wible on February 26, 2016 and is headquartered in George Town, Cayman Islands.
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