Shore Capital Reiterates Buy Rating for Alfa Financial Software (LON:ALFA)

Alfa Financial Software (LON:ALFA)‘s stock had its “buy” rating restated by equities researchers at Shore Capital in a research report issued on Thursday, MarketBeat Ratings reports. They currently have a GBX 270 price target on the stock. Shore Capital’s price target points to a potential upside of 25.58% from the stock’s previous close.

Separately, Peel Hunt reaffirmed an “add” rating and set a GBX 275 price objective on shares of Alfa Financial Software in a report on Thursday, November 13th. 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 275.67.

Alfa Financial Software Stock Up 1.7%

Shares of LON:ALFA opened at GBX 215 on Thursday. The business’s 50 day moving average is GBX 215.49 and its 200 day moving average is GBX 223.38. Alfa Financial Software has a 12-month low of GBX 192.60 and a 12-month high of GBX 252. The stock has a market cap of £636.60 million, a price-to-earnings ratio of 21.70, a PEG ratio of 4.19 and a beta of 0.08. The company has a quick ratio of 1.37, a current ratio of 1.43 and a debt-to-equity ratio of 20.78.

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.

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.