Alfa Financial Software (LON:ALFA) Given Buy Rating at Shore Capital

Alfa Financial Software (LON:ALFA)‘s stock had its “buy” rating restated by equities researchers at Shore Capital in a report released on Thursday, Marketbeat reports. They currently have a GBX 270 price target on the stock. Shore Capital’s price target would suggest a potential upside of 18.16% from the company’s current price.

Other equities research analysts have also issued reports about the stock. Canaccord Genuity Group assumed coverage on shares of Alfa Financial Software in a report on Thursday, August 21st. They set a “buy” rating and a GBX 282 price objective on the stock. Peel Hunt reaffirmed an “add” rating and set a GBX 275 price objective on shares of Alfa Financial Software in a research report on Thursday. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of GBX 275.67.

Alfa Financial Software Stock Performance

Shares of Alfa Financial Software stock traded up GBX 5 on Thursday, reaching GBX 228.50. The stock had a trading volume of 400,851 shares, compared to its average volume of 535,629. The company has a debt-to-equity ratio of 20.78, a quick ratio of 1.37 and a current ratio of 1.43. Alfa Financial Software has a fifty-two week low of GBX 192.60 and a fifty-two week high of GBX 252. The business’s 50-day moving average price is GBX 231.71 and its two-hundred day moving average price is GBX 229.57. The stock has a market cap of £676.52 million, a P/E ratio of 23.06, a price-to-earnings-growth ratio of 4.19 and a beta of 0.08.

Alfa Financial Software (LON:ALFA) last issued its earnings results on Thursday, September 4th. The company reported GBX 5.38 earnings per share for the quarter. Alfa Financial Software had a net margin of 21.79% and a return on equity of 51.52%. On average, sell-side analysts forecast that Alfa Financial Software will post 8.7583445 EPS for the current year.

About Alfa Financial Software

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.