A statement released earlier today by FBR & Co. about On Deck Capital (NYSE:ONDK) bumps the target price to $6.50
- Updated: September 15, 2016
Reporting a possible upside of 0.08%, FBR & Co. upped the price target of On Deck Capital (NYSE:ONDK) to $7.
Previously on 8/22/2016, Vetr Inc. released a statement on On Deck Capital(NYSE:ONDK) raised the target price from $0.00 to $4.57 that indicated a possible downside of -0.24%.
Yesterday On Deck Capital (NYSE:ONDK) traded 0.50% higher at $6.02. The company’s 50-day average is $5.90 and its two hundred day average is $6.10. With the last stock price close down 1.34% relative to the 200-day average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same period. Trading volume was was down over the average, with 297,154 shares of ONDK changing hands under the typical 530,370 shares..
Recent Performance Graph:
With a total market value of $0.0, On Deck Capital has a P/E of 0 with a 52 week low of $4.20 and a one-year high of $12.85.
A total of 14 brokers have released a report on ONDK. Six analysts rate the company a strong buy, four analysts rate the company a buy, seven firms rate the stock a hold, 0 rate the company to underperform, and lastly 0 analystsrate the stock as sell with a consensus target of $9.98
Brief Synopsis On On Deck Capital (NYSE:ONDK)
On Deck Capital, Inc. offers an online platform for small business lending. The Company’s platform aggregates and analyzes data points from disparate data sources to assess the creditworthiness of small businesses. Small businesses apply for a term loan or line of credit on the Company’s Website, and using its OnDeck Score, the Company makes a funding decision and transfers the funds. It offers a financing solution for small businesses, including short-term loans of over 10 months and long-term loans of over 40 months, and lines of credit. The Company’s integrated platform includes the Company’s Website, which allows small businesses to apply for a loan, round the clock; data and analytics engine, which analyzes data attributes from disparate sources to assess the real-time creditworthiness of a small business; the technology, which offers funding of loans, and daily and weekly collections, and and ongoing servicing system.
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