Nomura analyst Shengbo Tang maintained a Buy rating on Lexinfintech Holdings (NASDAQ:LX) Ltd on Tuesday, setting a price target of $11.46, which is approximately 59.39% above the present share price of $7.19.
Tang expects Lexinfintech Holdings Ltd to post earnings per share (EPS) of $0.00 for the first quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Lexinfintech Holdings, with an average price target of $10.49.
The analysts price targets range from a high of $11.46 to a low of $9.7.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $3.15 billion and a net profit of $397.47 million. The company's market cap is $1.19 billion.
According to TipRanks.com, Nomura analyst Shengbo Tang is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 39.4% and a 60.00% success rate.
Lexinfintech Holdings Ltd. engages in the provision of online consumer finance platforms. Through its subsidiaries, it provides online direct sales with installment payment terms; installment purchase loans; and personal installment loans. Its services are offered though its online consumer finance platform, www.fenqile.com; and mobile application. The company was founded by Wen Jie Xiao and Qian Qiao on November 22, 2013 and is headquartered in Shenzhen, China.