Nu Holdings Ltd. (NYSE:NU – Get Free Report) has earned an average recommendation of “Moderate Buy” from the nine brokerages that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $12.23.
Several equities research analysts have issued reports on the company. KeyCorp raised their target price on NU from $12.00 to $13.00 and gave the stock an “overweight” rating in a research note on Monday, April 22nd. Susquehanna raised their price objective on NU from $12.00 to $14.00 and gave the stock a “positive” rating in a research report on Wednesday, May 15th. Barclays began coverage on shares of NU in a research report on Wednesday, June 26th. They issued an “overweight” rating and a $15.00 target price on the stock. Jefferies Financial Group lifted their price target on shares of NU from $10.80 to $15.20 and gave the company a “buy” rating in a research report on Monday, June 24th. Finally, The Goldman Sachs Group upped their price objective on shares of NU from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Thursday.
View Our Latest Stock Analysis on NU
Institutional Trading of NU
NU Trading Up 0.2 %
Shares of NU stock opened at $13.24 on Friday. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 0.21. NU has a twelve month low of $6.61 and a twelve month high of $13.41. The company’s 50-day moving average price is $12.05 and its 200-day moving average price is $10.95. The stock has a market cap of $63.08 billion, a price-to-earnings ratio of 50.90, a PEG ratio of 0.60 and a beta of 1.14.
NU (NYSE:NU – Get Free Report) last posted its earnings results on Tuesday, May 14th. The company reported $0.09 earnings per share for the quarter, meeting the consensus estimate of $0.09. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.58 billion. NU had a net margin of 13.86% and a return on equity of 22.94%. As a group, equities analysts predict that NU will post 0.41 earnings per share for the current year.
NU Company Profile
Nu Holdings Ltd. provides digital banking platform and digital financial services in Brazil, Mexico, Colombia, and internationally. It offers Nu credit and debit cards; Ultraviolet credit and debit cards; and mobile payment solutions for NuAccount customers to make and receive transfers, pay bills, and make everyday purchases through their mobile phones.
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