LexinFintech Holdings Ltd has a consensus price target of $2.12 based on the ratings of 2 analysts. The high is $2.12 issued by Citigroup on November 24, 2023. The low is $2.12 issued by Citigroup on November 24, 2023. The 2 most-recent analyst ratings were released by Citigroup on November 24, 2023 and March 14, 2023, respectively. With an average price target of $2.86 between Citigroup, there's an implied -52.32% downside for LexinFintech Holdings Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for LexinFintech Holdings (NASDAQ:LX) was reported by Citigroup on November 24, 2023. The analyst firm set a price target for $2.12 expecting LX to fall to within 12 months (a possible -64.66% downside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for LexinFintech Holdings (NASDAQ:LX) was provided by Citigroup, and LexinFintech Holdings downgraded their neutral rating.
The last upgrade for LexinFintech Holdings Ltd happened on March 14, 2023 when Citigroup raised their price target to $3.6. Citigroup previously had a neutral for LexinFintech Holdings Ltd.
The last downgrade for LexinFintech Holdings Ltd happened on November 24, 2023 when Citigroup changed their price target from $3.86 to $2.12 for LexinFintech Holdings Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of LexinFintech Holdings, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for LexinFintech Holdings was filed on November 24, 2023 so you should expect the next rating to be made available sometime around November 24, 2024.
While ratings are subjective and will change, the latest LexinFintech Holdings (LX) rating was a downgraded with a price target of $3.86 to $2.12. The current price LexinFintech Holdings (LX) is trading at is $6.00, which is out of the analyst’s predicted range.
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