LendingClub Corporation – Consensus Indicates Potential 96.9% Upside

Broker Ratings
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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 60 and 25 calculating the average target price we see 35.64. Given that the stocks previous close was at 18.1 this now indicates there is a potential upside of 96.9%. There is a 50 day moving average of 24.21 while the 200 day moving average is 25.13. The market capitalisation for the company is $1,928m. You can visit the company’s website by visiting: https://www.lendingclub.com

The potential market cap would be $3,796m 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.

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