LendingClub Corporation – Consensus Indicates Potential 58.8% Upside

Broker Ratings
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LendingClub Corporation found using ticker (LC) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 20 and 12 calculating the mean target price we have 16.29. With the stocks previous close at 10.26 this would imply there is a potential upside of 58.8%. The 50 day moving average now sits at 11.01 and the 200 day MA is 13.63. The company has a market capitalisation of $1,083m. You can visit the company’s website by visiting: https://www.lendingclub.com

The potential market cap would be $1,720m 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 through a technology-driven platform in the United States. The company provides commercial and industrial, commercial real estate, small business, and equipment loans, as well as leases equipment; and unsecured personal and auto, patient finance, and education finance loans. It also operates an online lending marketplace platform that connects borrowers and investors. LendingClub Corporation was incorporated in 2006 and is headquartered in San Francisco, California.

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