Shore Capital Group Forecasts Strong Price Appreciation for Distribution Finance Capital (LON:DFCH) Stock

Distribution Finance Capital (LON:DFCH) had its price objective lifted by stock analysts at Shore Capital Group from GBX 90 to GBX 94 in a research report issued on Thursday, London Stock Exchange reports. The brokerage currently has a “buy” rating on the stock. Shore Capital Group’s price objective would indicate a potential upside of 26.46% from the stock’s current price.

Distribution Finance Capital Trading Down 4.0%

Shares of LON DFCH opened at GBX 74.33 on Thursday. Distribution Finance Capital has a fifty-two week low of GBX 45 and a fifty-two week high of GBX 79. 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 company has a market cap of £122.27 million, a price-to-earnings ratio of 8.85 and a beta of 0.87. The business’s 50 day moving average price is GBX 70.50 and its 200-day moving average price is GBX 62.73.

About Distribution Finance Capital

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.