AppFolio, Inc. – Consensus ‘hold’ rating and -8.1% Downside Potential

Broker Ratings
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AppFolio, Inc. with ticker code (APPF) now have 4 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between 155 and 117 suggesting an average Analsyt target price of $133.50. Given that the stocks previous close was at $145.33 this is indicating there is a potential downside of -8.1%. The day 50 moving average is $130.31 and the 200 day MA is $116.87. The company has a market cap of 5.16B. The current stock price for Targa Resources Corp. is currently 142.9 USD

The potential market cap would be $4,737,363,161 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of 14.3 and a -13.66% return on assets.

AppFolio, Inc. is a provider of cloud business management solutions for the real estate industry. The Company’s solutions enable its customers to digitally transform their businesses, automate and streamline critical business operations. AppFolio solutions are designed to meet that need in the real estate industry and assist an increasingly interconnected and growing ecosystem of users, including property managers, property owners, real estate investment managers, rental prospects, residents, and service providers, with critical transactions across the real estate lifecycle, including screening potential tenants, sending and receiving payments and providing insurance-related risk mitigation services. Its solutions include AppFolio’s platform, AppFolio Property Manager and AppFolio Property Manager Plus. The Company also offers a variety of value-added services, including electronic payment services, tenant screening services and insurance.

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