Alfa Financial Software’s (ALFA) “Buy” Rating Reiterated at Berenberg Bank

Alfa Financial Software (LON:ALFA)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a research report issued to clients and investors on Thursday, September 17th, Digital Look reports. They presently have a GBX 260 price objective on the stock. Berenberg Bank’s price target indicates a potential upside of 67.74% from the stock’s previous close.

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 220 price objective on shares of Alfa Financial Software in a report on Thursday, July 30th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 256.25.

Alfa Financial Software Trading Down 1.1%

Shares of ALFA traded down GBX 1.80 during mid-day trading on Thursday, hitting GBX 155. 16,257,375 shares of the company’s stock traded hands, compared to its average volume of 2,149,214. 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 has a 1 year low of GBX 140.40 and a 1 year high of GBX 240. The firm has a market capitalization of £461.19 million, a P/E ratio of 15.29, a PEG ratio of 4.19 and a beta of 0.23. The business’s 50-day moving average price is GBX 162.86 and its 200-day moving average price is GBX 159.04.

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, sell-side analysts forecast that Alfa Financial Software will post 8.7583445 EPS for the current fiscal year.

Insider Buying and Selling

In other Alfa Financial Software news, insider Chris Sullivan sold 35,405 shares of the firm’s stock in a transaction dated 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 currently owned by corporate insiders.

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.