Live Oak Bancshares with ticker code (LOB) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 55 and 45 with a mean TP of 50. Now with the previous closing price of 34.4 this indicates there is a potential upside of 45.3%. The day 50 moving average is 42.26 and the 200 moving average now moves to 64.02. The company has a market cap of $1,517m. Visit the company website at: https://www.liveoakbank.com
The potential market cap would be $2,205m 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.
