Funding Circle Holdings PLC 43.3% potential upside indicated by Berenberg Bank

Funding Circle Holdings PLC with ticker (LON:FCH) now has a potential upside of 43.3% according to Berenberg Bank.



Berenberg Bank set a target price of 120 GBX for the company, which when compared to the Funding Circle Holdings PLC share price of 68 GBX at opening today (23/03/2022) indicates a potential upside of 43.3%. Trading has ranged between 62 (52 week low) and 190 (52 week high) with an average of 190,410 shares exchanging hands daily. The market capitalisation at the time of writing is £242,506,156.

Funding Circle Holdings plc (Funding Circle) is a United Kingdom-based company that provides loan platform for Small and mid-size enterprises (SMEs). The Company provides an online marketplace that allows entrepreneurs to access funding from investors and allows them to borrow business loans for small and medium-sized enterprises. The Company’s online marketplace provides both secured and unsecured loans to operate businesses, get working capital, buy assets, and develop business properties. The Company provides its services through its subsidiary Funding Circle Limited. The Company’s geographic segments consist of the United Kingdom, the United States and Developing Markets. The Developing Markets segment includes the Group’s businesses in Germany and the Netherlands. The Company’s a range of investors are utilizing technology and distribution platform to lend more than £13 billion to approximately 120,000 businesses globally.