LendingClub Corporation with ticker code (LC) have now 7 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 15 and 9 suggesting an average Analsyt target price of $11.29. Given that the stocks previous close was at $6.65 this now indicates there is a potential upside of 69.8%. The day 50 moving average is $7.57 and the 200 day moving average is $10.40. The total market capitalization for the company now stands at $715m. Visit the company website at: https://www.lendingclub.com
The potential market cap would be $1,213m 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 2.84, revenue per share of 12.1 and a 1.66% return on assets.
