On Deck Capital (ONDK) has an average broker rating of 2.58, which is interpreted as a Hold, as rated by 18 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 12 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
On Deck Capital (ONDK) : 13 investment research analysts covering On Deck Capital (ONDK) have an average price target of $8.65 for the near short term. The highest target price given by the Brokerage Firm to the stock is $17 and the lowest target is $4 for the short term. Analysts expect the variance to be within $3.93 of the average price.
Company shares have received an average consensus rating of Hold for the current week On Deck Capital (NYSE:ONDK): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $5.44 and $5.41 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $5.92. The buying momentum continued till the end and the stock did not give up its gains. It closed at $5.78, notching a gain of 5.47% for the day. The total traded volume was 584,906 . The stock had closed at $5.48 on the previous day.
In a related news, The Securities and Exchange Commission has divulged that Katzenberg Howard, officer (Chief Financial Officer) of On Deck Capital, Inc., had unloaded 24,000 shares at an average price of $5.23 in a transaction dated on July 28, 2016. The total value of the transaction was worth $125,520.
On Deck Capital, Inc. is an online platform for small business lending. The Company aggregates and analyzes data points from disparate data sources to assess the creditworthiness of small businesses. Small businesses apply for a term loan or line of credit on the Companys Website and, using its OnDeck Score, the Company makes a funding decision and transfers the funds. The Company offers two products to small businesses to access capital: term loans and lines of credit. The Companys end-to-end integrated platform includes the Companys Website, which allows small businesses to apply for a loan in minutes, around the clock; data and analytics engine, analyzes thousands of data attributes from disparate sources to assess the real-time creditworthiness of a small business; the technology, which offers seamless funding of loans, and daily and weekly collections and ongoing servicing system.