OneConnect Financial Technology Co. (OTCMKTS:TMVWY) Given Average Rating of “Buy” by Brokerages

Shares of OneConnect Financial Technology Co. (OTCMKTS:TMVWY) have earned a consensus rating of “Buy” from the seven brokerages that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company.

Several equities research analysts have commented on the stock. Berenberg Bank reaffirmed a “buy” rating on shares of OneConnect Financial Technology in a research note on Thursday, July 16th. JPMorgan Chase & Co. initiated coverage on shares of OneConnect Financial Technology in a research note on Wednesday, July 8th. They issued an “overweight” rating for the company. Goldman Sachs Group reissued a “buy” rating on shares of OneConnect Financial Technology in a research report on Wednesday, May 13th. Commerzbank downgraded shares of OneConnect Financial Technology from a “buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Finally, Royal Bank of Canada reissued an “outperform” rating on shares of OneConnect Financial Technology in a research report on Wednesday, July 22nd.

Shares of OTCMKTS:TMVWY opened at $27.07 on Friday. OneConnect Financial Technology has a 52 week low of $13.00 and a 52 week high of $30.95. The firm has a 50 day moving average price of $27.34.

OneConnect Financial Technology Company Profile

TeamViewer AG, together with its subsidiaries, develops and distributes remote connectivity solutions worldwide. The company's products include TeamViewer that helps to remotely connect to desktop computers, mobile devices, and Internet of Things (IoT) devices from anywhere at any time; TeamViewer Tensor, a cloud-based enterprise connectivity platform, which enables large-scale IT management framework deployments; TeamViewer Pilot that enhances remote support with augmented reality; and TeamViewer IoT, which enables to instantly connect, monitor, and operate machines and devices securely from anywhere.

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Analyst Recommendations for OneConnect Financial Technology (OTCMKTS:TMVWY)

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