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Do Analysts Expect LexinFintech Holdings Ltd - ADR (LX) Stock to Rise After It Has Risen 22.79% in a Month?

Tuesday, November 29, 2022 01:22 PM | InvestorsObserver Analysts

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Do Analysts Expect LexinFintech Holdings Ltd - ADR (LX) Stock to Rise After It Has Risen 22.79% in a Month?

InvestorsObserver is giving LexinFintech Holdings Ltd - ADR (LX) an Analyst Rating Rank of 5, meaning LX is ranked higher by analysts than 5% of stocks. The average price target for LX is $9.15 and analyst’s rate the stock as a Hold.

Overall Score - 3
Wall Street analysts are rating LX a Hold today. Find out what this means to you and get the rest of the rankings on LX!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With LexinFintech Holdings Ltd - ADR Stock Today?

LexinFintech Holdings Ltd - ADR (LX) stock has risen 6.05% while the S&P 500 is down -0.41% as of 1:22 PM on Tuesday, Nov 29. LX is up $0.09 from the previous closing price of $1.57 on volume of 605,687 shares. Over the past year the S&P 500 is lower by -15.20% while LX is down -61.25%. LX earned $0.54 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 3.06. Click Here to get the full Stock Report for LexinFintech Holdings Ltd - ADR stock.

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