On 10/24/24, LendingClub Corp (NYSE: LC) stock enjoyed a major increase of 10.9%, closing at $13.82. Moreover, this advance was accompanied by exceptionally high trading volume at 613% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 4.5% during the last week.
Current PriceTarget Research Rating
LC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
LendingClub has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. LendingClub has a neutral Appreciation Score of 56 but a very high Power Rating of 95, and the Highest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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