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

Alfa Financial Software (LON:ALFA)‘s stock had its “buy” rating reissued by analysts at Shore Capital in a research note issued to investors on Thursday,Digital Look reports. They presently have a GBX 270 price target on the stock. Shore Capital’s price target would indicate a potential upside of 27.36% from the stock’s previous close.

Separately, Peel Hunt reaffirmed an “add” rating and issued a GBX 275 price target on shares of Alfa Financial Software in a research note on Thursday, November 13th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of GBX 275.67.

Alfa Financial Software Price Performance

Shares of ALFA remained flat at GBX 212 during mid-day trading on Thursday. 648,301 shares of the company were exchanged, compared to its average volume of 702,201. 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 stock has a market capitalization of £627.71 million, a price-to-earnings ratio of 21.39, a price-to-earnings-growth ratio of 4.19 and a beta of 0.08. The company has a 50-day moving average of GBX 215.80 and a two-hundred day moving average of GBX 223.50. Alfa Financial Software has a 12-month low of GBX 192.60 and a 12-month high of GBX 252.

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.