In a report released today, Stephen Ju from Credit Suisse maintained a Hold rating on LendingClub (LC), with a price target of $12.00. The company’s shares closed last Wednesday at $5.11, close to its 52-week low of $4.32.
According to TipRanks.com, Ju is a top 100 analyst with an average return of 22.7% and a 71.4% success rate. Ju covers the Technology sector, focusing on stocks such as Endurance International, Headhunter Group, and Boingo Wireless.
LendingClub has an analyst consensus of Moderate Buy, with a price target consensus of $8.25, a 62.4% upside from current levels. In a report released today, Goldman Sachs also maintained a Hold rating on the stock with a $6.00 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $15.60 and a one-year low of $4.32. Currently, LendingClub has an average volume of 1.34M.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
LendingClub Corp. engages in the operation of an online credit marketplace for borrowers and investors. It offers personal, business, auto refinance, K-12 education loans and patient solutions. The company was founded by Renaud Laplanche and Soulaiman Htite on October 2, 2006 and is headquartered in San Francisco, CA.
