Royal Bank of Canada Downgrades Alpha Financial Markets Consulting (LON:AFM) to Sector perform

Alpha Financial Markets Consulting (LON:AFM) was downgraded by research analysts at Royal Bank of Canada to a “sector perform” rating in a research report issued on Thursday, MarketBeat reports. They presently have a GBX 465 ($5.84) price objective on the stock, up from their previous price objective of GBX 420 ($5.28). Royal Bank of Canada’s price objective would indicate a potential upside of 8.14% from the stock’s current price.

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

Alpha Financial Markets Consulting Trading Down 0.5 %

AFM opened at GBX 430 ($5.40) on Thursday. The company has a market cap of £491.83 million, a P/E 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. The company’s 50 day moving average is GBX 344.92 and its 200-day moving average is GBX 359.03. Alpha Financial Markets Consulting has a 1-year low of GBX 295 ($3.71) and a 1-year high of GBX 506 ($6.36).

About Alpha Financial Markets Consulting

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.