LendingClub Corp (NYSE: LC) stock closed at $6.27 on 11/28/23 after a major increase of 12.4%. The stock has risen 12.8% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
LC’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
LendingClub has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. LendingClub has a good Appreciation Score of 71 but a poor Power Rating of 23, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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