Shore Capital Group Issues Positive Forecast for Distribution Finance Capital (LON:DFCH) Stock Price

Distribution Finance Capital (LON:DFCH) had its target price raised by Shore Capital Group from GBX 90 to GBX 94 in a research note issued on Thursday, London Stock Exchange reports. The brokerage presently has a “buy” rating on the stock. Shore Capital Group’s price target suggests a potential upside of 26.46% from the company’s current price.

Distribution Finance Capital Stock Performance

LON DFCH opened at GBX 74.33 on Thursday. The company has a market cap of £122.27 million, a P/E ratio of 8.85 and a beta of 0.87. The company has a debt-to-equity ratio of 13.69, a quick ratio of 1.16 and a current ratio of -20,564.14. The business’s 50 day moving average price is GBX 70.50 and its 200-day moving average price is GBX 62.73. Distribution Finance Capital has a fifty-two week low of GBX 45 and a fifty-two week high of GBX 79.

Distribution Finance Capital Company Profile

DF Capital is a speciality lender providing flexible financing solutions that support the sales and growth of manufacturers, dealers and distributors operating in attractive underserved retail markets across the UK.

Today, DF Capital supports roughly 1,500 dealers and 100 manufacturers, across the leisure, commercial and powersports sectors and recently launched its asset finance proposition, giving DF Capital access to larger adjacent markets and positioning the group firmly as a multi-product lender.

As a bank, DF Capital’s lending is supported by its award-winning savings products, scalable digital platform, and commitment to exceptional customer service, serving approximately 14,000 customers through its Manchester-based support team.

DF Capital’s goal is simple: to do the best for its customers, its communities, and its people.