Aptitude Software Group PLC 48.4% potential upside indicated by Canaccord Genuity

Aptitude Software Group PLC with ticker (LON:APTD) now has a potential upside of 48.4% according to Canaccord Genuity.



Canaccord Genuity set a target price of 470 GBX for the company, which when compared to the Aptitude Software Group PLC share price of 317 GBX at opening today (17/05/2024) indicates a potential upside of 48.4%. Trading has ranged between 225 (52 week low) and 370 (52 week high) with an average of 111,726 shares exchanging hands daily. The market capitalisation at the time of writing is £181,506,100.

Aptitude Software Group plc is a United Kingdom-based specialist provider of finance digitization and subscription management software. The Company provides a range of services, such as cloud, delivery, security trust center, support, and training. It offers various solutions, including compliance automation, revenue management, finance digitalization, and subscription management. Its compliance automation provides solutions for regulatory standards including revenue recognition (IFRS 15/ASC 606), lease accounting (IFRS 16/ASC 842), and insurance contracts (IFRS 17/LDTI). Its revenue management solution, RevStream, is a configurable, software as a service (SaaS) solution designed to automate revenue recognition compliance (ASC 606 / IFRS 15) and manage the end-to-end revenue lifecycle. Its finance digitalization solutions include FYNAPSE, Aptitude Accounting Hub, and Aptitude Calculate. It serves various industries, such as banking, insurance, and publishing.