DF Capital Chair Purchases Shares, Signaling Confidence

An announcement from Distribution Finance Capital Holdings Plc ( (GB:DFCH) ) is now available.

Distribution Finance Capital Holdings Plc announced that Mark Stephens, the Independent Non-Executive Director (Chair), purchased 10,204 ordinary shares at a price of £0.49 each, totaling £4,999.96, on the London Stock Exchange. This transaction reflects a potential vote of confidence in the company’s future prospects and may influence stakeholder perceptions positively.

The most recent analyst rating on (GB:DFCH) stock is a Buy with a £55.00 price target. To see the full list of analyst forecasts on Distribution Finance Capital Holdings Plc stock, see the GB:DFCH Stock Forecast page.

Spark’s Take on GB:DFCH Stock

According to Spark, TipRanks’ AI Analyst, GB:DFCH is a Outperform.

Distribution Finance Capital Holdings Plc demonstrates strong financial performance and strategic growth initiatives, as evidenced by recent corporate events. The stock’s undervaluation presents a potential opportunity, though technical indicators suggest caution due to bearish trends. Overall, the company’s positive trajectory and strategic moves are significant strengths, with technical analysis being the primary risk factor.

To see Spark’s full report on GB:DFCH stock, click here.

More about Distribution Finance Capital Holdings Plc

DF Capital is a specialist independent bank providing commercial finance solutions and savings products to consumers and small businesses. Founded in 2016 and headquartered in Manchester, the company supports distributors and manufacturers in sectors such as Automotive, Leisure, and Luxury. In 2020, it became a fully authorized bank and is listed on AIM on the London Stock Exchange.

Average Trading Volume: 219,984

Technical Sentiment Signal: Buy

Current Market Cap: £79.58M

Find detailed analytics on DFCH stock on TipRanks’ Stock Analysis page.