Liontrust Asset Management (LON:LIO) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Liontrust Asset Management PLC (LON:LIO)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 277.05 and traded as high as GBX 309.50. Liontrust Asset Management shares last traded at GBX 303, with a volume of 155,550 shares trading hands.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of Liontrust Asset Management from GBX 190 to GBX 205 and gave the stock a “sell” rating in a research report on Thursday, June 25th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 410 price objective on shares of Liontrust Asset Management in a research report on Wednesday, July 22nd. Finally, Royal Bank Of Canada upped their target price on shares of Liontrust Asset Management from GBX 235 to GBX 270 and gave the company an “underperform” rating in a report on Monday, July 6th. Three analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of GBX 364.

Liontrust Asset Management Stock Performance

The firm has a market cap of £179.00 million, a price-to-earnings ratio of 19.66, a price-to-earnings-growth ratio of -1.70 and a beta of 1.49. The company has a quick ratio of 1.35, a current ratio of 1.34 and a debt-to-equity ratio of 2.54. The stock has a fifty day moving average price of GBX 314.76 and a 200-day moving average price of GBX 277.05.

Liontrust Asset Management (LON:LIO) last released its earnings results on Wednesday, June 24th. The company reported GBX 15.40 EPS for the quarter. The company had revenue of £134.38 million during the quarter. Liontrust Asset Management had a net margin of 7.14% and a return on equity of 8.74%. On average, analysts expect that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current fiscal year.

Liontrust Asset Management Company Profile

Liontrust Asset Management Plc is a publicly owned investment manager. The firm also launches equity, fixed income, , multi-asset and managed funds for its clients. It invests into the public equity and multi-asset markets across the globe. The firm was formerly known as River and Mercantile Investment Management Limited. Liontrust Asset Management Plc was founded in 1994 and is based in London, United Kingdom.