LendingClub Corporation with ticker code (LC) now have 7 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 17 and 9 suggesting an average Analsyt target price of $11.86. Given that the stocks previous close was at $7.15 this would imply there is now a potential upside of 65.9%. The day 50 moving average is $8.42 while the 200 day moving average is $10.80. The market capitalization for the company is $752m. Visit the company website at: https://www.lendingclub.com
The potential market cap would be $1,248m based on the market consensus.
LendingClub Corporation, operates as a bank holding company for LendingClub Bank, National Association that provides range of financial products and services in the United States. It offers deposit products, including savings accounts, checking accounts, and certificates of deposit. The company also provides loan products, such as consumer loans comprising unsecured personal loans, secured auto refinance loans, and patient and education finance loans; and commercial loans, including small business loans. In addition, it operates an online lending marketplace platform. The company was incorporated in 2006 and is headquartered in San Francisco, California.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 2.62, revenue per share of 12.26 and a 1.69% return on assets.
