LendingClub Corporation with ticker code (LC) now have 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 40 and 18 and has a mean target at 24.5. Given that the stocks previous close was at 13.46 this would indicate that there is a potential upside of 82.0%. The 50 day MA is 13.78 and the 200 moving average now moves to 18.2. The company has a market capitalisation of $1,355m. Company Website: https://www.lendingclub.com
The potential market cap would be $2,466m 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.
