LendingClub Corporation found using ticker (LC) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 17 and 9 and has a mean target at 12.57. Given that the stocks previous close was at 8.86 this would imply there is a potential upside of 41.9%. There is a 50 day moving average of 9.49 and the 200 day MA is 11.66. The market cap for the company is $941m. Visit the company website at: https://www.lendingclub.com
The potential market cap would be $1,335m 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 in the United States. It offers deposit products, including savings accounts, checking accounts, and certificates of deposit. The company also provides loan products, such as consumer loans comprising unsecured personal loans, secured auto refinance loans, and patient and education finance loans; and commercial loans, including small business loans. In addition, it operates an online lending marketplace platform. The company was incorporated in 2006 and is headquartered in San Francisco, California.