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

Royal Bank of Canada lowered shares of Alpha Financial Markets Consulting (LON:AFM) to a sector perform rating in a research note published on Thursday, MarketBeat Ratings reports. They currently have 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 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 Stock Down 0.5 %

AFM stock traded down GBX 2 ($0.03) during mid-day trading on Thursday, hitting GBX 430 ($5.40). 239,855 shares of the company were exchanged, compared to its average volume of 348,462. The company has a debt-to-equity ratio of 9.83, a quick ratio of 1.21 and a current ratio of 1.15. 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’s 50 day simple moving average is GBX 344.92 and its 200 day simple moving average is GBX 359.03. The firm has a market cap of £491.83 million, a P/E ratio of 3,583.33 and a beta of 1.02.

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.