Funding Circle Holdings PLC 60.5% potential upside indicated by Barclays

Funding Circle Holdings PLC with ticker (LON:FCH) now has a potential upside of 60.5% according to Barclays.



Barclays set a target price of 140 GBX for the company, which when compared to the Funding Circle Holdings PLC share price of 55 GBX at opening today (20/05/2022) indicates a potential upside of 60.5%. Trading has ranged between 54 (52 week low) and 175 (52 week high) with an average of 622,278 shares exchanging hands daily. The market capitalisation at the time of writing is £204,866,359.

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.