LendingClub Corporation with ticker code (LC) now have 6 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 14 and 6 and has a mean target at 9.5. With the stocks previous close at 10.85 this indicates there is a potential downside of -12.4%. The 50 day moving average now sits at 10.19 while the 200 day moving average is 6.8. The market cap for the company is $879m. You can visit the company’s website by visiting: http://www.lendingclub.com
LendingClub Corporation provides unsecured personal loans in the United States. It operates an online lending marketplace platform that connects borrowers and investors. The company’s marketplace facilitates various types of loan products for consumers and small businesses, including education and patient finance loans, auto refinance loans, and small business loans. It also enables investors to invest in a range of loans. The company was founded in 2006 and is headquartered in San Francisco, California.