How Positive is UBS on On Deck Capital (NYSE:ONDK) Following Today’s Upgrade? The Target Price is $11.0000

On Deck Capital, Inc. (NYSE:ONDK) Logo

On Deck Capital (NYSE:ONDK) Stock Upgrade

The stock rating of On Deck Capital (NYSE:ONDK) shares was boosted by equity research analysts at UBS to a respectable Buy. They currently have a PT of $11.0000 on ONDK. UBS’s PT means a possible upside of 40.31 % from the previous close of the company.

On Deck Capital, Inc. (NYSE:ONDK) Ratings Coverage

Among 3 analysts covering On Deck Capital (NYSE:ONDK), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. On Deck Capital has $11 highest and $9 lowest target. $7.83’s average target is -0.13% below currents $7.84 stock price. On Deck Capital had 5 analyst reports since July 19, 2018 according to SRatingsIntel. The firm has “Neutral” rating by BTIG Research given on Monday, October 8. The firm has “Underweight” rating given on Thursday, July 19 by Morgan Stanley. The firm has “Buy” rating by UBS given on Wednesday, November 28. The firm has “Neutral” rating given on Thursday, August 30 by UBS. BTIG Research downgraded the shares of ONDK in report on Tuesday, August 14 to “Sell” rating.

The stock increased 1.03% or $0.08 during the last trading session, reaching $7.84. About 877,867 shares traded or 30.23% up from the average. On Deck Capital, Inc. (NYSE:ONDK) has risen 62.05% since December 2, 2017 and is uptrending. It has outperformed by 46.43% the S&P500.

On Deck Capital, Inc. operates an online platform for small business lending in the United States, Canada, and Australia. The company has market cap of $588.36 million. It offers term loans and lines of credit. It has a 32.8 P/E ratio.

More notable recent On Deck Capital, Inc. (NYSE:ONDK) news were published by: Seekingalpha.com which released: “OnDeck Capital 2018 Q2 – Results – Earnings Call Slides – Seeking Alpha” on August 08, 2018, also Seekingalpha.com with their article: “OnDeck Capital (ONDK) CEO Noah Breslow on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” published on August 07, 2018, Nasdaq.com published: “Mid-Afternoon Market Update: On Deck Capital Jumps On Earnings Beat; Invacare Shares Plummet – Nasdaq” on November 06, 2018. More interesting news about On Deck Capital, Inc. (NYSE:ONDK) were released by: Benzinga.com and their article: “OnDeck Capital (NYSE:ONDK) – On Deck Capital’s Q3 Earnings Preview – Benzinga” published on November 05, 2018 as well as Benzinga.com‘s news article titled: “75 Biggest Movers From Yesterday – Benzinga” with publication date: November 07, 2018.

On Deck Capital, Inc. (NYSE:ONDK) Ratings Chart

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