LexinFintech Holdings Ltd. with ticker code (LX) we now have 13 analysts covering the stock with the consensus that suggests a rating of ‘Buy’. The target price ranges from 17.98 to 7.19 with an average TP of 12.45. Now, with the previous closing price of 5.77, this would imply that there is a potential upside of 115.8%. The 50 day moving average is 6.65 and the 200 day moving average is 9.19. The company’s market capitalization is $ 1.046 billion. Learn more at: http://www.lexin.com
LexinFintech Holdings Ltd., through its subsidiaries, operates as an online consumer finance and consumer platform for young professionals in the People’s Republic of China. The company operates Fenqile.com, a consumer finance and consumer platform that offers installment purchase loans, personal installment loans, and other credit products, in addition to offering direct online sales with installment terms; and Le Card, a membership platform that offers savings, benefits and membership privileges to the food and beverage, apparel, hospitality and leisure sectors. It also combines user loans with diversified funding sources, including individual investors in its online investment platform Juzi Licai, third-party commercial banks, consumer finance companies, institutional finance partners, investors in its asset-backed securities, and other institutions. licensed financial institutions. In addition, the company offers technical support and consulting services; Software development services; and financial technology services. The company was previously known as Staging Finance Holding Ltd. and changed its name to LexinFintech Holdings Ltd. in March 2017. LexinFintech Holdings Ltd. was incorporated in 2013 and is based in Shenzhen, People’s Republic of China.
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