Liontrust Asset Management (LON:LIO) Downgraded by Barclays to Equal Weight

Barclays lowered shares of Liontrust Asset Management (LON:LIO) to an equal weight rating in a research note issued to investors on Thursday morning, MarketBeat Ratings reports. They currently have GBX 760 ($9.62) target price on the stock.

Liontrust Asset Management Price Performance

Shares of Liontrust Asset Management stock opened at GBX 650 ($8.23) on Thursday. The company has a market capitalization of £422.11 million, a P/E ratio of 2,407.41, a price-to-earnings-growth ratio of -1.70 and a beta of 1.28. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.50 and a quick ratio of 1.35. The business has a 50-day moving average of GBX 650.82 and a two-hundred day moving average of GBX 603.20. Liontrust Asset Management has a 1 year low of GBX 519 ($6.57) and a 1 year high of GBX 1,019 ($12.90).

Insider Buying and Selling

In related news, insider Vinay Kumar Abrol purchased 10,000 shares of the business’s stock in a transaction on Wednesday, January 17th. The shares were purchased at an average price of GBX 559 ($7.08) per share, with a total value of £55,900 ($70,750.54). 13.14% of the stock is owned by company 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.