Alfa Financial Software (LON:ALFA) Receives “Buy” Rating from Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Alfa Financial Software (LON:ALFA) in a research report report published on Monday morning, MarketBeat Ratings reports. They currently have a GBX 282 target price on the stock.

A number of other brokerages have also recently issued reports on ALFA. Peel Hunt restated an “add” rating and set a GBX 275 target price on shares of Alfa Financial Software in a report on Thursday, November 13th. Shore Capital reissued a “buy” rating and set a GBX 270 price objective on shares of Alfa Financial Software in a research note on Thursday, January 29th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Alfa Financial Software presently has an average rating of “Buy” and a consensus price target of GBX 275.67.

Alfa Financial Software Stock Up 1.2%

LON:ALFA opened at GBX 217.50 on Monday. 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 has a 12-month low of GBX 192.60 and a 12-month high of GBX 252. The stock’s fifty day simple moving average is GBX 215.44 and its 200-day simple moving average is GBX 223.42. The firm has a market capitalization of £644.00 million, a P/E ratio of 21.95, a P/E/G ratio of 4.19 and a beta of 0.08.

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.