Live Oak Bancshares found using ticker (LOB) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 80 and 65 calculating the mean target price we have 73.4. With the stocks previous close at 53.88 this would imply there is a potential upside of 36.2%. The day 50 moving average is 69.37 and the 200 moving average now moves to 68.67. The market capitalisation for the company is $2,532m. Visit the company website at: https://www.liveoakbank.com
The potential market cap would be $3,450m 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 productsluding 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 new 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.
