LexinFintech Holdings Ltd. with ticker code (LX) have now 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 17.98 and 7.19 calculating the average target price we see 12.45. Given that the stocks previous close was at 5.83 this indicates there is a potential upside of 113.6%. The 50 day MA is 6.08 and the 200 day MA is 8.6. The company has a market capitalisation of $1,070m. Find out more information at: http://www.lexin.com
LexinFintech Holdings Ltd., through its subsidiaries, operates as an online consumption and consumer finance platform for young professionals in the People’s Republic of China. The company operates Fenqile.com, a consumption and consumer finance platform that offers installment purchase loans, personal installment loans, and other loan products, as well as provides online direct sales with installment payment terms; and Le Card, a membership platform, which offers savings, benefits, and membership privileges to food and beverage, apparel, hospitality, and leisure sectors. It also matches user loans with diversified funding sources, including individual investors on its Juzi Licai online investment platform, third-party commercial banks, consumer finance companies, institutional funding partners, investors of its asset-backed securities, and other licensed financial institutions. In addition, the company offers technical support and consulting services; Software development services; and financial technology services. The company was formerly known as Staging Finance Holding Ltd. and changed its name to LexinFintech Holdings Ltd. in March 2017. LexinFintech Holdings Ltd. was incorporated in 2013 and is headquartered in Shenzhen, the People’s Republic of China.
You can now share this on Stocktwits, just click the logo below and add the ticker in the text to be seen.