Distribution Finance Capital (LON:DFCH) Reaches New 12-Month High – Time to Buy?

Shares of Distribution Finance Capital Holdings plc (LON:DFCH) reached a new 52-week high on Tuesday . The company traded as high as GBX 77.85 and last traded at GBX 76, with a volume of 647697 shares trading hands. The stock had previously closed at GBX 75.20.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “buy” rating and issued a GBX 90 price target on shares of Distribution Finance Capital in a research note on Friday, June 26th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 90.

Distribution Finance Capital Price Performance

The firm has a fifty day moving average of GBX 70 and a 200 day moving average of GBX 62.57. The company has a current ratio of -20,564.14, a quick ratio of 1.16 and a debt-to-equity ratio of 13.69. The company has a market capitalization of £125.01 million, a P/E ratio of 9.05 and a beta of 0.87.

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.