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

Berenberg Bank reaffirmed their buy rating on shares of Alfa Financial Software (LON:ALFA – Free Report) in a research note released on Friday,Digital Look reports. The brokerage currently has a GBX 260 price objective on the stock.

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

Check Out Our Latest Stock Report on ALFA

Alfa Financial Software Stock Performance

Shares of LON ALFA opened at GBX 168.62 on Friday. The company has a debt-to-equity ratio of 17.37, a current ratio of 1.77 and a quick ratio of 1.37. Alfa Financial Software has a one year low of GBX 140.40 and a one year high of GBX 230.50. The business’s 50-day moving average price is GBX 161.78 and its two-hundred day moving average price is GBX 164.50. The company has a market capitalization of £501.76 million, a P/E ratio of 18.05, a price-to-earnings-growth ratio of 4.19 and a beta of 0.23.

Alfa Financial Software (LON:ALFA – Get Free Report) last announced its quarterly earnings results on Thursday, September 3rd. The company reported GBX 4.55 EPS for the quarter. Alfa Financial Software had a net margin of 21.42% and a return on equity of 53.53%. Analysts anticipate that Alfa Financial Software will post 8.76 earnings per share for the current fiscal year.

About Alfa Financial Software

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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.

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