Stratzy's Stock Pick Today: Buy Affle (India) with Target Rs 2050
Stratzy issued a buy call on Affle (India) on December 03, setting a target price of Rs 2050. This represents a potential upside of approximately 15.9% from the current market price of Rs 1767.9. Stratzy's buy recommendation is likely based on their analysis of the company's fundamentals, industry trends, and growth prospects.
About Affle (India):
Affle (India) is a global technology company that provides mobile advertising solutions. It offers a comprehensive suite of advertising solutions including in-app advertising, mobile app retargeting, and user acquisition. Affle operates in over 60 countries and has offices in Singapore, Indonesia, South Africa, the United Arab Emirates, the United States, and India. The company has a strong track record of growth and profitability, and is recognized as a leader in the mobile advertising industry.
52 Week Price Trend:
Affle (India) (NSE:AFFLE) is currently trading at Rs 1767.9, which is 32.3% above its 52-week low of Rs 866.5. The stock has performed remarkably, reaching a 52-week high of Rs 1336.9. This growth indicates a positive market sentiment towards the company's performance and prospects. Investors may consider evaluating Affle's financial reports, industry trends, and market outlook to assess its potential for further growth and determine if it aligns with their investment strategy.
Stratzy's MOST Analysis:
AFFLE's AA- rating from Stratzy's MOST framework indicates medium fundamental risks. This rating is based on an assessment of the company's management, outlook, safety, and trend. Specifically, AFFLE has received positive scores for its experienced management team, strong financial performance, and favorable industry outlook. However, it has also been assigned lower scores for its relatively high debt levels and exposure to regulatory risks. Overall, the AA- rating suggests that AFFLE is a financially sound company with a positive outlook, but investors should be aware of potential risks associated with its debt and regulatory environment.
Fundamental and Technical information provided in this blog were last updated on 03 Dec, 2024
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