Nu Holdings Ltd. (NYSE:NU) Receives Consensus Rating of “Hold” from Brokerages

Shares of Nu Holdings Ltd. (NYSE:NUGet Free Report) have earned an average rating of “Hold” from the ten analysts that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $15.63.

Several equities research analysts have recently issued reports on NU shares. Bank of America lifted their target price on NU from $12.80 to $15.00 and gave the stock a “neutral” rating in a report on Thursday, September 12th. Itau BBA Securities cut NU from an “outperform” rating to a “market perform” rating in a report on Thursday, November 14th. Citigroup downgraded NU from a “neutral” rating to a “sell” rating and lowered their target price for the company from $14.60 to $11.00 in a research report on Monday, December 2nd. KeyCorp upped their price target on shares of NU from $15.00 to $17.00 and gave the company an “overweight” rating in a research note on Thursday, November 14th. Finally, The Goldman Sachs Group increased their price objective on shares of NU from $17.00 to $19.00 and gave the company a “buy” rating in a research report on Thursday, November 14th.

Read Our Latest Stock Report on NU

NU Stock Performance

NU opened at $11.19 on Friday. The stock has a market capitalization of $53.33 billion, a price-to-earnings ratio of 31.08, a PEG ratio of 0.59 and a beta of 1.05. NU has a fifty-two week low of $8.51 and a fifty-two week high of $16.15. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.44 and a current ratio of 0.44. The company has a fifty day moving average of $12.49 and a 200 day moving average of $13.22.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. LRI Investments LLC boosted its holdings in NU by 3.1% during the 3rd quarter. LRI Investments LLC now owns 24,983 shares of the company’s stock valued at $341,000 after acquiring an additional 743 shares during the period. Coldstream Capital Management Inc. boosted its stake in shares of NU by 3.1% during the third quarter. Coldstream Capital Management Inc. now owns 26,517 shares of the company’s stock valued at $362,000 after purchasing an additional 801 shares during the period. Marcum Wealth LLC grew its holdings in shares of NU by 2.5% in the third quarter. Marcum Wealth LLC now owns 37,221 shares of the company’s stock worth $508,000 after purchasing an additional 903 shares during the last quarter. OneDigital Investment Advisors LLC increased its stake in NU by 4.9% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 26,477 shares of the company’s stock worth $361,000 after buying an additional 1,248 shares during the period. Finally, Gateway Advisory LLC lifted its holdings in NU by 2.1% during the 2nd quarter. Gateway Advisory LLC now owns 69,255 shares of the company’s stock valued at $893,000 after buying an additional 1,419 shares in the last quarter. Institutional investors own 84.02% of the company’s stock.

NU Company Profile

(Get Free Report

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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Analyst Recommendations for NU (NYSE:NU)

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