Alfa Financial Software’s (ALFA) “Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Alfa Financial Software (LON:ALFA) in a report published on Monday morning, Marketbeat Ratings reports. Canaccord Genuity Group currently has a GBX 282 price objective on the stock.

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

Alfa Financial Software Trading Down 5.7%

ALFA stock opened at GBX 192.38 on Monday. Alfa Financial Software has a one year low of GBX 187.10 and a one year high of GBX 252. The stock has a market cap of £569.66 million, a price-to-earnings ratio of 19.41, a price-to-earnings-growth ratio of 4.19 and a beta of 0.08. The company has a fifty day moving average price of GBX 214.46 and a two-hundred day moving average price of GBX 223.07. The company has a debt-to-equity ratio of 20.78, a current ratio of 1.43 and a quick ratio of 1.37.

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.