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BidaskClub upgraded AppFolio Inc (NASDAQ:APPF) to Strong-Buy in a report released today.

BidaskClub has upgraded AppFolio Inc (NASDAQ:APPF) to Strong-Buy in a report released on Wednesday June 21, 2017.

Previously on 5/11/2017, Zacks Investment Research reported on AppFolio Inc (NASDAQ:APPF) raised the target price from $0.00 to $32.00. At the time, this indicated a possible upside of 0.13%.

Yesterday AppFolio Inc (NASDAQ:APPF) traded -1.33% lower at $32.40. The company’s 50-day moving average is $45.22 and its 200-day moving average is $30.54. The last closing price is up 45.73% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 109,462 shares of the stock were exchanged, down from an average trading volume of 175,500

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AppFolio Inc (NASDAQ:APPF)

AppFolio Inc has a 52 week low of $18.27 and a 52 week high of $46.00 with a P/E ratio of 1,435.48 The company’s market cap is currently $0.

In addition to BidaskClub reporting its target price, a total of 2 brokers have issued a report on the stock. The consensus target price is $16.00 with 1 broker rating the stock a strong buy, 1 broker rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About AppFolio Inc (NASDAQ:APPF)

AppFolio, Inc. is a provider of industry-specific, cloud-based software solutions for small and medium-sized businesses (SMBs) in the property management and legal industries. The Company's mobile-optimized software solutions enable its customers to work at any time and from anywhere across multiple devices. Its property management software provides small and medium-sized property managers with an end-to-end solution to their business needs. The Company's legal software provides solo practitioners and small law firms with a streamlined practice and case management solution, allowing them to manage their practices and case load. It also offers Value+ services, such as its professionally designed Websites and electronic payment services. The Company's property manager customers include third-party managers and owner-operators, managing single- and multi-family residences, commercial property and student housing, as well as mixed real estate portfolios.

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