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

Berenberg Bank reissued their buy rating on shares of Alfa Financial Software (LON:ALFA) in a report published on Thursday morning,Digital Look reports. They currently have a GBX 260 price objective on the stock.

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 220 target price 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 data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 256.25.

Alfa Financial Software Price Performance

Shares of LON:ALFA opened at GBX 157.80 on Thursday. Alfa Financial Software has a fifty-two week low of GBX 140.40 and a fifty-two week high of GBX 246. The firm has a 50-day simple moving average of GBX 162.98 and a 200 day simple moving average of GBX 159.99. The company has a quick ratio of 1.37, a current ratio of 1.77 and a debt-to-equity ratio of 17.37. The company has a market cap of £469.52 million, a PE ratio of 15.56, a P/E/G ratio of 4.19 and a beta of 0.23.

Alfa Financial Software (LON:ALFA) last posted its quarterly earnings data 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%. On average, sell-side analysts anticipate that Alfa Financial Software will post 8.7583445 EPS for the current year.

Insider Activity

In other news, insider Chris Sullivan sold 35,405 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of GBX 166, for a total value of £58,772.30. 54.97% of the stock is owned by company 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.