Alfa Financial Software (LON:ALFA) Earns “Buy” Rating from Shore Capital

Alfa Financial Software (LON:ALFA)‘s stock had its “buy” rating reaffirmed by research analysts at Shore Capital in a research note issued to investors on Thursday, MarketBeat Ratings reports. They presently have a GBX 270 price target on the stock. Shore Capital’s price target would indicate a potential upside of 9.29% from the company’s previous close.

Separately, Canaccord Genuity Group began coverage on shares of Alfa Financial Software in a report on Thursday, August 21st. They set a “buy” rating and a GBX 282 target price on the stock. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 276.

Alfa Financial Software Trading Up 5.1%

Shares of ALFA stock opened at GBX 247.05 on Thursday. Alfa Financial Software has a 52-week low of GBX 192.60 and a 52-week high of GBX 250. 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 company has a 50-day simple moving average of GBX 223.10 and a two-hundred day simple moving average of GBX 226.13. The company has a market capitalization of £732.71 million, a price-to-earnings ratio of 2,886.09, a PEG ratio of 4.19 and a beta of 0.08.

Alfa Financial Software (LON:ALFA) last released 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%. Research analysts anticipate that Alfa Financial Software will post 8.7583445 EPS for the current fiscal 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.