LexinFintech (LX) Now Covered by Deutsche Bank

Deutsche Bank initiated coverage on shares of LexinFintech (NASDAQ:LX) in a research report sent to investors on Tuesday. The brokerage issued a buy rating and a $21.00 price objective on the stock.

Separately, Goldman Sachs Group assumed coverage on shares of LexinFintech in a report on Sunday, January 14th. They issued a buy rating and a $21.80 target price on the stock.

LexinFintech (NASDAQ:LX) traded up $0.06 on Tuesday, hitting $14.50. 196,992 shares of the stock traded hands, compared to its average volume of 915,854. LexinFintech has a fifty-two week low of $10.15 and a fifty-two week high of $18.29.

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About LexinFintech

LexinFintech Holdings Ltd is a holding company. The Company primarily engaged in providing online direct sales services and online consumer finance services. Through its subsidiaries, the Company offers personal installment loans, installment purchase loans and other loan products. The Company serves the credit needs of the customers aged between 18 and 36 in China.

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