Alfa Financial Software’s (ALFA) “Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Alfa Financial Software (LON:ALFA) in a research note released on Thursday morning,Digital Look reports. They currently have a GBX 220 target price on the stock.

Separately, Shore Capital Group raised shares of Alfa Financial Software to a “buy” rating and set a GBX 270 price target on the stock in a report on Thursday, April 30th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, Alfa Financial Software presently has a consensus rating of “Buy” and an average target price of GBX 255.

Alfa Financial Software Stock Up 0.6%

ALFA opened at GBX 163.80 on Thursday. The company has a quick ratio of 1.37, a current ratio of 1.60 and a debt-to-equity ratio of 17.99. The firm has a 50 day moving average price of GBX 158.08 and a 200-day moving average price of GBX 169.06. Alfa Financial Software has a twelve month low of GBX 140.40 and a twelve month high of GBX 252. The stock has a market capitalization of £486.92 million, a price-to-earnings ratio of 16.15, a PEG ratio of 4.19 and a beta of 0.23.

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.