Liontrust Asset Management (LON:LIO) Receives “Hold” Rating from Berenberg Bank

Liontrust Asset Management (LON:LIO)‘s stock had its “hold” rating reaffirmed by stock analysts at Berenberg Bank in a research note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 750 ($9.34) target price on the stock. Berenberg Bank’s target price would suggest a potential upside of 9.81% from the stock’s current price.

Separately, Barclays cut Liontrust Asset Management to an “equal weight” rating and set a GBX 760 ($9.46) price objective on the stock. in a research note on Thursday, April 11th.

Liontrust Asset Management Trading Up 7.2 %

LON:LIO traded up GBX 46 ($0.57) during midday trading on Wednesday, hitting GBX 683 ($8.50). The stock had a trading volume of 458,469 shares, compared to its average volume of 178,618. Liontrust Asset Management has a one year low of GBX 519 ($6.46) and a one year high of GBX 968 ($12.05). The company has a market capitalization of £443.54 million, a price-to-earnings ratio of 2,537.04, a PEG ratio of -1.70 and a beta of 1.28. The stock has a 50-day moving average of GBX 651.70 and a 200 day moving average of GBX 603.90. The company has a quick ratio of 1.35, a current ratio of 1.50 and a debt-to-equity ratio of 0.93.

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.