Alfa Financial Software’s (ALFA) “Buy” Rating Reiterated at Shore Capital

Shore Capital reissued their buy rating on shares of Alfa Financial Software (LON:ALFA) in a research report released on Thursday morning, Marketbeat Ratings reports. Shore Capital currently has a GBX 270 target price on the stock.

Separately, Peel Hunt reaffirmed an “add” rating and issued a GBX 275 price objective on shares of Alfa Financial Software in a research note on Thursday, November 13th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of GBX 275.67.

Alfa Financial Software Price Performance

Shares of LON:ALFA opened at GBX 215 on Thursday. The firm has a market cap of £636.60 million, a price-to-earnings ratio of 21.70, a P/E/G ratio of 4.19 and a beta of 0.08. Alfa Financial Software has a fifty-two week low of GBX 192.60 and a fifty-two week high of GBX 252. The company has a debt-to-equity ratio of 20.78, a quick ratio of 1.37 and a current ratio of 1.43. The firm has a fifty day moving average price of GBX 215.49 and a 200 day moving average price of GBX 223.44.

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. 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.

With full functionality for originations, servicing and collections, Alfa Systems is live in 37 countries, representing an integrated point solution, a rapid off-the-shelf implementation, or an end-to-end platform for the complex global enterprise.