LendingClub Corporation with ticker code (LC) have now 7 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 17 and 9 with a mean TP of 12.57. With the stocks previous close at 9.4 this is indicating there is a potential upside of 33.7%. The 50 day moving average now sits at 9.45 and the 200 moving average now moves to 11.77. The company has a market cap of $1,007m. Company Website: https://www.lendingclub.com
The potential market cap would be $1,347m based on the market concensus.
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.
