InvestorsObserver is giving Loandepot Inc (LDI) an Analyst Rating Rank of 13, meaning LDI is ranked higher by analysts than 13% of stocks. The average price target for LDI is $3.493 and analyst’s rate the stock as a Buy.
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!
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With Loandepot Inc Stock Today?
Loandepot Inc (LDI) stock is down -17.53% while the S&P 500 has gained 0.41% as of 2:44 PM on Monday, Aug 15. LDI is down -$0.36 from the previous closing price of $2.03 on volume of 1,852,198 shares. Over the past year the S&P 500 has fallen -4.06% while LDI is down -80.19%. LDI lost -$0.45 per share the over the last 12 months.
Click Here to get the full Stock Report for Loandepot Inc stock.
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