Alfa Financial Software (LON:ALFA) Earns Buy Rating from Berenberg Bank

Alfa Financial Software (LON:ALFA)‘s stock had its “buy” rating restated by stock analysts at Berenberg Bank in a research note issued to investors on Thursday, Digital Look reports. They presently have a GBX 260 price objective on the stock. Berenberg Bank’s price target points to a potential upside of 62.09% from the company’s current price.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 220 target price on shares of Alfa Financial Software in a research note on Thursday, July 30th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of GBX 256.25.

Alfa Financial Software Stock Performance

LON:ALFA opened at GBX 160.40 on Thursday. The stock has a market cap of £477.25 million, a P/E ratio of 15.82, a price-to-earnings-growth ratio of 4.19 and a beta of 0.23. The firm’s fifty day simple moving average is GBX 162.92 and its 200 day simple moving average is GBX 160.21. Alfa Financial Software has a twelve month low of GBX 140.40 and a twelve month high of GBX 246. The company has a quick ratio of 1.37, a current ratio of 1.77 and a debt-to-equity ratio of 17.37.

Alfa Financial Software (LON:ALFA) last issued its quarterly earnings data on Thursday, September 3rd. The company reported GBX 4.55 earnings per share (EPS) for the quarter. Alfa Financial Software had a net margin of 21.42% and a return on equity of 53.53%. As a group, research analysts predict that Alfa Financial Software will post 8.7583445 EPS for the current year.

Insider Buying and Selling at Alfa Financial Software

In related news, insider Chris Sullivan sold 35,405 shares of Alfa Financial Software stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of GBX 166, for a total transaction of £58,772.30. 54.97% of the stock is owned by corporate insiders.

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. 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.