UBS Group Reaffirms Buy Rating for Alfa Financial Software (ALFA)
UBS Group reissued their buy rating on shares of Alfa Financial Software (LON:ALFA) in a report issued on Tuesday, ThisIsMoney.Co.Uk reports. They currently have a GBX 163 ($2.13) price objective on the stock, up from their prior price objective of GBX 150 ($1.96).
ALFA has been the subject of several other reports. Berenberg Bank raised Alfa Financial Software to a hold rating and boosted their price objective for the stock from GBX 115 ($1.50) to GBX 140 ($1.83) in a report on Monday, March 11th. Canaccord Genuity reissued a buy rating on shares of Alfa Financial Software in a report on Friday, February 1st. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus target price of GBX 166.60 ($2.18).
Alfa Financial Software stock opened at GBX 139.40 ($1.82) on Tuesday. Alfa Financial Software has a 12-month low of GBX 100.80 ($1.32) and a 12-month high of GBX 379 ($4.95). The stock has a market capitalization of $412.80 million and a P/E ratio of 22.85.
Alfa Financial Software Holdings PLC, through its subsidiaries, provides software solutions and consultancy services to the asset finance industry in the United Kingdom, the United States of America, rest of Europe, and the Asia Pacific. Its solutions include point of sale, such as Web-based quotation, multiple channels, and templates and business rules; originations, including credit and document management, and workflow and business rules; contract management comprising leases and loans, reporting and business intelligence, customer, asset and contract management, and bad debt management; and wholesale consisting of dealer portal, audit, and entire unit lifecycle.
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