Alfa Financial Software's (ALFA) "Buy" Rating Reaffirmed at Shore Capital

Key Points

• Analysts at Shore Capital have reissued a "buy" rating for Alfa Financial Software (LON:ALFA) with a price target of GBX 270 ($3.61), indicating a potential upside of 18.16% from the current price.
• As of Wednesday, the stock opened at GBX 228.50 ($3.05) and has a market capitalization of £684.31 million with a price-to-earnings ratio of 30.89.
• Alfa Financial Software has been providing technology solutions to the global asset finance and leasing industry since 1990, specializing in challenging systems transformation projects.

Shore Capital reaffirmed their buy rating on shares of Alfa Financial Software (LON:ALFA - Free Report) in a report released on Wednesday, Marketbeat reports. They currently have a GBX 270 ($3.58) price target on the stock.

Alfa Financial Software Stock Down 1.3%

ALFA traded down GBX 3 ($0.04) on Wednesday, reaching GBX 226 ($3.00). The company's stock had a trading volume of 177,623 shares, compared to its average volume of 529,524. The stock has a market cap of £676.82 million, a price-to-earnings ratio of 30.55, a price-to-earnings-growth ratio of 4.19 and a beta of 0.08. Alfa Financial Software has a 1 year low of GBX 174.72 ($2.32) and a 1 year high of GBX 250 ($3.32). The company has a debt-to-equity ratio of 20.78, a current ratio of 1.43 and a quick ratio of 1.37. The business's 50 day moving average is GBX 228.10 and its 200 day moving average is GBX 225.34.

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.