Zacks: Futu Holdings Ltd (FHL) Given Average Recommendation of “Hold” by Analysts

Futu Holdings Ltd (NASDAQ:FHL) has been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.

Zacks has also assigned Futu an industry rank of 160 out of 255 based on the ratings given to its competitors.

A number of brokerages have recently weighed in on FHL. Goldman Sachs Group began coverage on Futu in a report on Tuesday, April 2nd. They issued a “neutral” rating and a $17.62 target price on the stock. UBS Group began coverage on Futu in a report on Wednesday, April 3rd. They issued a “neutral” rating on the stock.

NASDAQ FHL traded down $0.20 on Friday, hitting $15.60. 536,966 shares of the company were exchanged, compared to its average volume of 855,055. Futu has a twelve month low of $14.68 and a twelve month high of $19.28.

Futu Company Profile

Futu Holdings Limited operates digitized brokerage platform in Hong Kong, China, Japan, the United States, and internationally. Its platform offers investing services, including trade execution and margin financing which allows to trade securities, such as stocks, warrants, options and exchange-traded funds, or ETFs, across different markets; market data and information; and securities lending services.

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