Vetr Inc. disclosed On Deck Capital Inc (NYSE:ONDK), hiking its price target to $6.60 today
- Updated: September 30, 2016
Having a price of $5.70, On Deck Capital Inc (NYSE:ONDK) traded 0.35% higher on the day. The last stock price is down -4.72% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. ONDK has recorded a 50-day average of $6.09 and a two hundred day average of $5.98. 220,797 shares of the stock were exchanged, down from an avg. volume of 402,767
Vetr Inc. upped the price target of On Deck Capital Inc (NYSE:ONDK) to $6.60 indicating a possible upside of 0.16%.
On Monday September 26, 2016, Vetr Inc. released a statement about On Deck Capital Inc (NYSE:ONDK) upped the target price from $0.00 to $6.60. At the time, this indicated a possible upside of 0.11%.
See Chart Below
On Deck Capital Inc has with a 52 week low of $4.20 and a 52 week high of $12.85 and has a market cap of $0.
In addition to Vetr Inc. reporting its price target, a total of 14 analysts have issued a research note on the company. The 12-month price target is $9.98 with 6 firms rating the company a strong buy, four equity analysts rating the company a buy, seven analysts rating the company a hold, 0 firms rating the stock a underperform, and finally 0 brokers rating the company a sell.
Brief Synopsis About On Deck Capital Inc (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 ongoing servicing system.
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.