Live Oak Bancshares with ticker code (LOB) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 38 and 30 with the average target price sitting at 34. Now with the previous closing price of 30 this indicates there is a potential upside of 13.3%. The 50 day MA is 31.83 while the 200 day moving average is 38.12. The company has a market cap of $1,372m. Company Website: https://www.liveoakbank.com
The potential market cap would be $1,555m based on the market concensus.
Live Oak Bancshares operates as the bank holding company for Live Oak Banking Company that provides various commercial banking products and services to individuals, small businesses, and professionals in North Carolina, the United States. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits. It also offers commercial and industrial loans; construction and development loans; owner occupied and non-owner occupied collateral commercial real estate loans; and commercial land loans. In addition, the company provides settlement, accounting, and securitization services for government guaranteed loans; wealth and investment management services to high-net-worth individuals and families; investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies; and an on-site restaurant location to company employees and business visitors. Live Oak Bancshares was incorporated in 2008 and is headquartered in Wilmington, North Carolina.
