LendingClub Corporation with ticker code (LC) have now 7 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 20 and 9 calculating the mean target price we have 15.86. With the stocks previous close at 8.76 this would indicate that there is a potential upside of 81.1%. The 50 day moving average now sits at 9.64 while the 200 day moving average is 12.58. The company has a market capitalisation of $923m. Visit the company website at: https://www.lendingclub.com
The potential market cap would be $1,671m based on the market concensus.
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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. LendingClub Corporation was incorporated in 2006 and is headquartered in San Francisco, California.