LendingClub Corporation with ticker code (LC) now have 7 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 60 and 25 with a mean TP of 39.86. With the stocks previous close at 22.52 this would imply there is a potential upside of 77.0%. The 50 day moving average now sits at 30.89 and the 200 moving average now moves to 24.8. The market cap for the company is $2,189m. You can visit the company’s website by visiting: https://www.lendingclub.com
The potential market cap would be $3,875m 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. The company was incorporated in 2006 and is headquartered in San Francisco, California.
