Liontrust Asset Management (LON:LIO) Stock Keeps “Buy” Rating at Berenberg Bank

Liontrust Asset Management (LON:LIO)‘s stock had its “buy” rating reiterated by research analysts at Berenberg Bank in a research report issued on Wednesday, Digital Look reports. They currently have a GBX 390 price objective on the stock. Berenberg Bank’s target price would indicate a potential upside of 36.84% from the stock’s previous close.

Other equities analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft raised Liontrust Asset Management to a “sell” rating and increased their price target for the company from GBX 205 to GBX 215 in a research note on Friday, October 2nd. Royal Bank Of Canada boosted their price objective on Liontrust Asset Management from GBX 235 to GBX 270 and gave the stock an “underperform” rating in a research note on Monday, July 6th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Liontrust Asset Management has a consensus rating of “Hold” and an average target price of GBX 362.

Liontrust Asset Management Price Performance

Shares of LON LIO traded down GBX 10 during mid-day trading on Wednesday, reaching GBX 285. 424,478 shares of the company traded hands, compared to its average volume of 485,511. Liontrust Asset Management has a fifty-two week low of GBX 223 and a fifty-two week high of GBX 358. 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 stock has a fifty day simple moving average of GBX 295.51 and a 200-day simple moving average of GBX 295.28. The company has a debt-to-equity ratio of 2.54, a current ratio of 1.34 and a quick ratio of 1.35.

Insider Activity

In other Liontrust Asset Management news, insider Vinay Kumar Abrol acquired 10,000 shares of the stock in a transaction dated Wednesday, September 30th. The shares were bought at an average price of GBX 285 per share, with a total value of £28,500. 9.52% of the stock is owned by corporate insiders.

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.