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What is Wall Street's Target Price for Loandepot Inc (LDI) Stock Thursday?

Thursday, January 13, 2022 11:16 AM | InvestorsObserver Analysts

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What is Wall Street's Target Price for Loandepot Inc (LDI) Stock Thursday?

InvestorsObserver is giving Loandepot Inc (LDI) an Analyst Rating Rank of 28, meaning LDI is ranked higher by analysts than 28% of stocks. The average price target for LDI is $12.444 and analyst’s rate the stock as a Buy.

Overall Score - 4
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!

Why are Analyst Ratings Important?

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 trading at $4.85 as of 11:16 AM on Thursday, Jan 13, a loss of -$0.02, or -0.41% from the previous closing price of $4.87. The stock has traded between $4.81 and $4.91 so far today. Volume today is below average. So far 60,837 shares have traded compared to average volume of 1,090,413 shares. Click Here to get the full Stock Report for Loandepot Inc stock.

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