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On Deck Capital, Inc. Analyst Rating Update

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On Deck Capital, Inc. (NYSE:ONDK): 4 analysts have rated the shares as a strong buy. The Company shares has received a rating of Buy from 5 Wall Street Analysts. 2 analysts have rated Hold.1 analyst have also rated it as a Underperform. A Sell call was given by 1 analyst. On Deck Capital, Inc. shares have received a Mean Price Target of $24.29. According to the rating issued from 12 Wall Street Analysts, the High Price Target is seen at $29 while the Lower end of the Price Target is seen at $14. The Median Price Target is calculated at $26.

Many Wall Street Brokerage firms have commented on company shares. Sterne Agee CRT upgrades its view on On Deck Capital, Inc. (NYSE:ONDK) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the counter had a rating of Sell.

On Deck Capital, Inc. (NYSE:ONDK) witnessed a decline in the market cap on Tuesday as its shares dropped 3.24% or 0.47 points. After the session commenced at $14.46, the stock reached the higher end at $14.66 while it hit a low of $13.94. With the volume soaring to 317,290 shares, the last trade was called at $14.03. The company has a 52-week high of $28.98. The company has a market cap of $975 million and there are 69,519,000 shares in outstanding. The 52-week low of the share price is $14.17.

On Deck Capital Inc is a United States-based financing network that offers financing to small businesses that do not meet the criteria for traditional bank loans. The Company uses data aggregation and electronic payment technology to evaluate the financial health of small and medium sized businesses. The OnDeck system also provides a critically needed mechanism for financial institutions and other business service providers to reach the Main Street small business market. It has offices in Kansas City and McLean Virginia. Its small business loans include dental loans, restaurant loans, medical financing, restaurant financing, fast small business loans, fast small business financing, online small business loans, online applications for small business loans, small business loans online, retail capital, fast small business financing, short-term business loans, business equipment financing, small business equipment financing and merchant cash advance.


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