LendingClub Corp (NYSE:LC) price target upped to $6.08, released a report earlier today by Vetr Inc.
- Updated: December 1, 2016
Reporting a potential upside of 0.14%, Vetr Inc. upped the target of LendingClub Corp (NYSE:LC) to $6.08
Previously on 11/21/2016, Vetr Inc. reported on LendingClub Corp (NYSE:LC) raised the target price from $0.00 to $6.44. At the time, this indicated a possible upside of 0.05%.
Just yesterday LendingClub Corp (NYSE:LC) traded -5.83% lower at $5.33. LC’s 50-day average is $5.47 and its two hundred day average is $5.14. With the last close up 3.61% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Volume of trade was up over the average, with 19,702,400 shares of LC changing hands over the typical 9,010,550
With a total market value of $0, LendingClub Corp has with a one year low of $3.44 and a one year high of $14.40 .
A total of 15 analysts have released a report on LendingClub Corp. zero analysts rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $8.18.
Brief Synopsis About LendingClub Corp (NYSE:LC)
LendingClub Corporation (Lending Club) provides online marketplace to connect borrowers and investors. Consumers and small business owners borrow through Lending Club. Investors use Lending Club to earn risk-adjusted returns from an asset class that is only available on a limited basis to large institutional investors. Its technology automates aspects of operations, including the borrower application process, data gathering, credit decisioning and scoring, loan funding, investing and servicing, regulatory compliance and fraud detection. Its platform offers analytical tools and data to enable investors to make decisions and assess their portfolios. Its technology platform has allowed it to expand its offerings from personal loans to include small business loans, and to expand investor classes from individuals to institutions and create various investment vehicles. Its solution offers an online application process and provides borrowers with access to live support and online tools.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.