Analyst Price Target is $1.38
▲ +135.04% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for loanDepot in the last 3 months. The average price target is $1.38, with a high forecast of $1.75 and a low forecast of $1.00. The average price target represents a 135.04% upside from the last price of $0.59.
Current Consensus is
Reduce
The current consensus among 4 contributing investment analysts is to reduce stock in loanDepot. This rating changed within the last month from a Strong Sell consensus rating.
loanDepot, Inc. engages in originating, financing, selling, and servicing residential mortgage loans in the United States. The company offers conventional agency-conforming and prime jumbo, federal assistance residential mortgage, and home equity loans. It also provides settlement services, which include captive title and escrow business; real estate services that cover captive real estate referral business; and insurance services, including services to homeowners, as well as other consumer insurance policies. The company was founded in 2010 and is headquartered in Irvine, California.
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