Alfa Financial Software’s (ALFA) “Buy” Rating Reiterated at Berenberg Bank

Alfa Financial Software (LON:ALFA)‘s stock had its “buy” rating reissued by research analysts at Berenberg Bank in a research note issued to investors on Friday, Digital Look reports. They currently have a GBX 260 price target on the stock. Berenberg Bank‘s price objective suggests a potential upside of 52.94% from the stock’s previous close.

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 220 price target on shares of Alfa Financial Software in a research report on Thursday, July 30th. Three research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of GBX 250.

Alfa Financial Software Price Performance

Shares of LON:ALFA opened at GBX 170 on Friday. The firm’s fifty day moving average is GBX 161.87 and its 200-day moving average is GBX 164.72. Alfa Financial Software has a 52 week low of GBX 140.40 and a 52 week high of GBX 230.50. The firm has a market cap of £505.87 million, a PE ratio of 18.20, a price-to-earnings-growth ratio of 4.19 and a beta of 0.23. The company has a debt-to-equity ratio of 17.37, a quick ratio of 1.37 and a current ratio of 1.77.

Alfa Financial Software (LON:ALFA) last posted its quarterly earnings data on Thursday, September 3rd. The company reported GBX 4.55 earnings per share for the quarter. Alfa Financial Software had a return on equity of 53.53% and a net margin of 21.42%. Sell-side analysts predict that Alfa Financial Software will post 8.76 earnings per share for the current year.

Alfa Financial Software Company Profile

Alfa has been delivering leading-edge technology to the global asset finance and leasing industry since 1990. Our specialised expertise enables us to deliver the most challenging systems transformation projects successfully. Alfa Systems, our class-leading SaaS platform, is at the heart of the world’s largest and most progressive asset finance operations. Supporting all types of automotive, equipment and wholesale finance, Alfa Systems is proven at volume and across borders, and trusted by leading brands to manage complex portfolios, drive efficiency and sustainability, and enhance the customer experience.