Fintel reports that on November 19, 2024, Citigroup downgraded their outlook for Futu Holdings Limited - Depositary Receipt () (LSE:0FUT) from Buy to Neutral.
Analyst Price Forecast Suggests 105.72% Upside
As of October 22, 2024, the average one-year price target for Futu Holdings Limited - Depositary Receipt () is 96.89 GBX/share. The forecasts range from a low of 51.21 GBX to a high of 197.76 GBX. The average price target represents an increase of 105.72% from its latest reported closing price of 47.10 GBX / share.
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The projected annual revenue for Futu Holdings Limited - Depositary Receipt () is 11,279MM, an increase of 11.06%. The projected annual non-GAAP EPS is 35.42.
What is the Fund Sentiment?
There are 394 funds or institutions reporting positions in Futu Holdings Limited - Depositary Receipt (). This is an increase of 12 owner(s) or 3.14% in the last quarter. Average portfolio weight of all funds dedicated to 0FUT is 0.28%, an increase of 59.31%. Total shares owned by institutions increased in the last three months by 9.15% to 35,728K shares.
What are Other Shareholders Doing?
Aspex Management holds 4,553K shares. In its prior filing, the firm reported owning 4,445K shares , representing an increase of 2.38%. The firm increased its portfolio allocation in 0FUT by 85.11% over the last quarter.
BlackRock holds 2,587K shares.
Greenwoods Asset Management Hong Kong holds 1,885K shares. In its prior filing, the firm reported owning 2,331K shares , representing a decrease of 23.67%. The firm decreased its portfolio allocation in 0FUT by 10.00% over the last quarter.
Price T Rowe Associates holds 1,649K shares. In its prior filing, the firm reported owning 49K shares , representing an increase of 97.05%. The firm increased its portfolio allocation in 0FUT by 2,271.12% over the last quarter.
Marshall Wace, Llp holds 1,594K shares. In its prior filing, the firm reported owning 1,521K shares , representing an increase of 4.56%. The firm decreased its portfolio allocation in 0FUT by 11.72% over the last quarter.
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