Alpha Financial Markets Consulting (LON:AFM) Downgraded to “Sector perform” at Royal Bank of Canada

Royal Bank of Canada cut shares of Alpha Financial Markets Consulting (LON:AFM) to a sector perform rating in a report released on Thursday, Marketbeat Ratings reports. The firm currently has GBX 465 ($5.84) price objective on the stock, up from their previous price objective of GBX 420 ($5.28).

Separately, Berenberg Bank restated a buy rating and issued a GBX 420 ($5.28) price objective on shares of Alpha Financial Markets Consulting in a report on Thursday, April 11th.

Alpha Financial Markets Consulting Stock Performance

Shares of AFM stock opened at GBX 430 ($5.40) on Thursday. The company has a current ratio of 1.15, a quick ratio of 1.21 and a debt-to-equity ratio of 9.83. The company’s fifty day moving average price is GBX 344.92 and its 200-day moving average price is GBX 359.50. The stock has a market cap of £491.83 million, a PE ratio of 3,583.33 and a beta of 1.02. Alpha Financial Markets Consulting has a 12 month low of GBX 295 ($3.71) and a 12 month high of GBX 506 ($6.36).

Alpha Financial Markets Consulting Company Profile

Alpha Financial Markets Consulting plc provides consulting and related services to the asset and wealth management, and insurance industries in the United Kingdom, North America, Europe, and Asia Pacific. The company offers services in the areas of benchmarking, operations and outsourcing, mergers and acquisitions integrations, investments, regulatory compliance and risk, distribution, digital transformation, investment guidelines, fintech and innovation, ETF and indexing, pension and retail investments, ESG and responsible investments, and insurance.