Shares of LendingClub Corp (NYSE:LC) have been given an average rating of “Hold” by the ten analysts that are covering the firm, Marketbeat.com reports. Seven research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $5.39.
LC has been the topic of several recent research reports. Zacks Investment Research raised shares of LendingClub from a “hold” rating to a “buy” rating and set a $4.00 target price on the stock in a research note on Tuesday, November 13th. ValuEngine raised shares of LendingClub from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd.
NYSE:LC traded up $0.08 during mid-day trading on Friday, reaching $3.51. 58,934 shares of the company were exchanged, compared to its average volume of 1,940,864. LendingClub has a 12 month low of $2.46 and a 12 month high of $4.55. The company has a quick ratio of 10.30, a current ratio of 12.04 and a debt-to-equity ratio of 2.83. The firm has a market cap of $1.44 billion, a P/E ratio of -20.68 and a beta of 1.69.
LendingClub Company Profile
LendingClub Corporation operates an online marketplace platform that connects borrowers and investors in the United States. Its marketplace facilitates various types of loan products for consumers and small businesses, including unsecured personal loans, unsecured education and patient finance loans, auto refinance loans, and unsecured small business loans.
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