Liontrust Asset Management (LON:LIO – Get Free Report)‘s stock had its “buy” rating reaffirmed by Berenberg Bank in a research note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 390 target price on the stock. Berenberg Bank’s target price points to a potential upside of 36.84% from the company’s current price.
A number of other analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Liontrust Asset Management to a “sell” rating and upped their price objective for the company from GBX 205 to GBX 215 in a research report on Friday, October 2nd. Royal Bank Of Canada raised their price target on Liontrust Asset Management from GBX 235 to GBX 270 and gave the stock an “underperform” rating in a research report on Monday, July 6th. Three research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 362.
Check Out Our Latest Analysis on Liontrust Asset Management
Liontrust Asset Management Trading Down 3.4%
Shares of LON:LIO traded down GBX 10 during mid-day trading on Wednesday, reaching GBX 285. The stock had a trading volume of 424,478 shares, compared to its average volume of 485,511. The firm has a market cap of £176.33 million, a PE ratio of 18.52, a price-to-earnings-growth ratio of -1.70 and a beta of 1.47. The firm has a 50 day simple moving average of GBX 296.17 and a two-hundred day simple moving average of GBX 295.04. The company has a current ratio of 1.34, a quick ratio of 1.35 and a debt-to-equity ratio of 2.54. Liontrust Asset Management has a twelve month low of GBX 223 and a twelve month high of GBX 358.
Insider Activity at Liontrust Asset Management
In other news, insider Vinay Kumar Abrol acquired 10,000 shares of Liontrust Asset Management stock in a transaction dated Wednesday, September 30th. The stock was bought at an average cost of GBX 285 per share, with a total value of £28,500. 9.52% of the stock is currently owned by company insiders.
About Liontrust Asset Management
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.
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