LendingClub Corporation with ticker code (LC) have now 7 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 40 and 18 calculating the average target price we see 23.86. With the stocks previous close at 13.7 this would imply there is a potential upside of 74.2%. There is a 50 day moving average of 13.66 and the 200 day MA is 20.82. The company has a market capitalisation of $1,544m. Company Website: https://www.lendingclub.com
The potential market cap would be $2,689m 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.
