Lexin Fintech Holdings Ltd. – Consensus indicates 93.4% upside potential


Lexin Fintech Holdings Ltd. found using the (LX) ticker now have 8 total analysts covering the stock. The consensus rating is “Buy”. The target price ranges between 14.01 and 2.28, with the average target price standing at 4.1. Given that the stock’s previous close was at 2.12, this now indicates that there is 93.4% upside potential. There is a 50 day moving average of 2.11 and the 200 moving average is now moving to 2.99. The company has a market capitalization of $378 million. More information on: https://www.lexin.com

The potential market capitalization would be $731 million based on market consensus.

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LexinFintech Holdings Ltd., through its subsidiaries, provides online consumer credit services in the People’s Republic of China. The Company operates Fenqile.com, an online consumer credit and consumer finance platform that offers installment purchases and personal installment loans, as well as online direct sales with installment payment terms; and Le Hua Card, a scenario-based loan. It also provides technology-driven platform services to increase revenue, manage financial risk, improve operational efficiency and service quality, improve collections and reduce overall costs; the Maiya app, a location-based service shopping experience with buy-it-now and pay-later options; and Juzi Licai, an online investment platform. In addition, the company offers technical support and consulting, software development, financing guarantee and fintech 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 headquartered in Shenzhen, People’s Republic of China.


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