Alpha Financial Markets Consulting (LON:AFM) Downgraded by Royal Bank of Canada

Royal Bank of Canada downgraded shares of Alpha Financial Markets Consulting (LON:AFM) to a sector perform rating in a report issued on Thursday, Marketbeat.com reports. Royal Bank of Canada currently has GBX 465 ($5.84) price target on the stock, up from their prior price target of GBX 420 ($5.28).

Separately, Berenberg Bank reissued a buy rating and set 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 Price Performance

Shares of LON AFM opened at GBX 430 ($5.40) on Thursday. The stock has a fifty day simple moving average of GBX 344.92 and a two-hundred day simple moving average of GBX 359.26. Alpha Financial Markets Consulting has a 1-year low of GBX 295 ($3.71) and a 1-year high of GBX 506 ($6.36). The firm has a market cap of £491.83 million, a price-to-earnings ratio of 3,583.33 and a beta of 1.02. The company has a current ratio of 1.15, a quick ratio of 1.21 and a debt-to-equity ratio of 9.83.

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.