On Deck Capital (ONDK) Gets a Buy Rating from B.Riley FBR


B.Riley FBR analyst Scott Buck maintained a Buy rating on On Deck Capital (ONDK) today and set a price target of $6.00. The company’s shares closed last Monday at $4.07.

According to TipRanks.com, Buck is ranked #4401 out of 5897 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for On Deck Capital with a $5.13 average price target.

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Based on On Deck Capital’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $8.68 million. In comparison, last year the company had a net profit of $14.04 million.

Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ONDK in relation to earlier this year. Last month, Noah Breslow, the CEO & Chairman of ONDK bought 40,000 shares for a total of $14,800.

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.

On Deck Capital, Inc. engages in online small business lending. It offers financing solution for small businesses, including short term loans, long term loans, and lines of credit. The company was founded on May 4, 2006 and is headquartered in New York, NY.

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