Published On: Wed, Oct 19th, 2016

Analyst Coverage: Live Oak Bancshares, Inc. (NASDAQ:LOB)

Recently stock market analysts have updated their consensus ratings on shares of Live Oak Bancshares, Inc. (NASDAQ:LOB).

Most recent broker ratings

06/02/2016 – Live Oak Bancshares, Inc. was downgraded to “hold” by analysts at Sandler O’Neill.

01/29/2016 – Live Oak Bancshares, Inc. was upgraded to “buy” by analysts at SunTrust.

10/27/2015 – Live Oak Bancshares, Inc. had its “outperform” rating reiterated by analysts at Keefe, Bruyette & Woods. They now have a USD 21 price target on the stock.

Live Oak Bancshares, Inc. has a 50 day moving average of 14.37 and a 200 day moving average of 14.60. The stock’s market capitalization is 489.15M, it has a 52-week low of 12.10 and a 52-week high of 17.70.

The share price of the company (NASDAQ:LOB) was down -0.69%, with a high of 14.50during the day and the volume of Live Oak Bancshares, Inc. shares traded was 34205.

Live Oak Bancshares, Inc. is the bank holding company for Live Oak Banking Company (the Bank). The Bank is a commercial bank and a national online platform for small business lending. The Company provides certain small businesses across the United States a means to access capital. The Company primarily originates loans partially guaranteed by the United States Small Business Administration (SBA) to small businesses and professionals. It offers commercial and industrial loans, construction and development loans, and owner occupied commercial real estate loans for agriculture, death care management, healthcare, independent pharmacies, registered investment advisors and veterinary industry, among others. The Company also offers commercial land loans for agriculture. It owns Live Oak Grove, LLC, which provides company employees and business visitors an on-site restaurant location, and Government Loan Solutions, Inc., a management and technology consulting company, among others.