Alfa Financial Software (LON:ALFA) Earns Buy Rating from Canaccord Genuity Group

Alfa Financial Software (LON:ALFA)‘s stock had its “buy” rating reaffirmed by equities researchers at Canaccord Genuity Group in a research report issued to clients and investors on Monday, MarketBeat Ratings reports. They presently have a GBX 282 target price on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 38.24% from the stock’s current price.

Several other research firms also recently commented on ALFA. Shore Capital reiterated a “buy” rating and issued a GBX 270 price target on shares of Alfa Financial Software in a research report on Thursday, January 29th. Peel Hunt reaffirmed an “add” rating and issued a GBX 275 target price on shares of Alfa Financial Software in a report on Thursday, November 13th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of GBX 275.67.

Alfa Financial Software Price Performance

Shares of LON ALFA opened at GBX 204 on Monday. The stock has a market cap of £604.03 million, a P/E ratio of 20.59, a P/E/G ratio of 4.19 and a beta of 0.08. Alfa Financial Software has a twelve month low of GBX 192.60 and a twelve month high of GBX 252. The stock has a 50 day moving average of GBX 215.06 and a two-hundred day moving average of GBX 223.29. The company has a current ratio of 1.43, a quick ratio of 1.37 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.