Wall Street is positive on Loandepot Inc (LDI). On average, analysts give LDI a Buy rating. The average price target is $1.97, which means analysts expect the stock to increase by 13.22% over the next twelve months.
That average ranking earns LDI an Analyst Rating of 14, which is better than 14% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating LDI a Buy today. Find out what this means to you and get the rest of the rankings on LDI!
Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported.
InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.
What's Happening With Loandepot Inc Stock Today?
Loandepot Inc (LDI) stock is trading at $1.74 as of 1:00 PM on Wednesday, Nov 22, an increase of $0.05, or 2.96% from the previous closing price of $1.69. The stock has traded between $1.70 and $1.80 so far today. Volume today is less active than usual. So far 232,377 shares have traded compared to average volume of 375,685 shares.
Click Here to get the full Stock Report for Loandepot Inc stock.
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