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

Alfa Financial Software (LON:ALFA)‘s stock had its “buy” rating reissued by equities researchers at Berenberg Bank in a research report issued on Friday, Digital Look reports. They currently have a GBX 260 price target on the stock. Berenberg Bank‘s price objective suggests a potential upside of 52.94% from the stock’s previous close.

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 220 target price on shares of Alfa Financial Software in a report on Thursday, July 30th. Three analysts have rated the stock with a Buy rating. Based on data from MarketBeat, Alfa Financial Software has a consensus rating of “Buy” and a consensus target price of GBX 250.

Alfa Financial Software Stock Performance

ALFA opened at GBX 170 on Friday. The company has a debt-to-equity ratio of 17.37, a quick ratio of 1.37 and a current ratio of 1.77. Alfa Financial Software has a 52-week low of GBX 140.40 and a 52-week high of GBX 230.50. The firm has a market cap of £505.87 million, a P/E ratio of 18.20, a price-to-earnings-growth ratio of 4.19 and a beta of 0.23. The business’s fifty day moving average is GBX 161.87 and its 200-day moving average is GBX 164.72.

Alfa Financial Software (LON:ALFA) last posted its quarterly earnings results on Thursday, September 3rd. The company reported GBX 4.55 EPS for the quarter. Alfa Financial Software had a return on equity of 53.53% and a net margin of 21.42%. Sell-side analysts expect that Alfa Financial Software will post 8.76 EPS for the current fiscal year.

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.