Liontrust Asset Management (LON:LIO) Announces Earnings Results

Liontrust Asset Management (LON:LIO) issued its quarterly earnings data on Thursday. The company reported GBX 18.68 earnings per share for the quarter, Digital Look Earnings reports. Liontrust Asset Management had a return on equity of 39.68% and a net margin of 35.21%.

Liontrust Asset Management Stock Performance

Shares of LON LIO traded up GBX 11.18 during trading on Thursday, reaching GBX 294.18. 953,839 shares of the stock traded hands, compared to its average volume of 468,752. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.42 and a quick ratio of 1.35. The stock has a market capitalization of £184.58 million, a P/E ratio of 11.23, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33. Liontrust Asset Management has a 52-week low of GBX 221.88 and a 52-week high of GBX 508. The company has a 50-day moving average of GBX 311.96 and a 200-day moving average of GBX 348.16.

Analyst Upgrades and Downgrades

LIO has been the subject of several analyst reports. Berenberg Bank lowered their target price on shares of Liontrust Asset Management from GBX 365 to GBX 340 and set a “hold” rating for the company in a report on Tuesday, October 7th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Liontrust Asset Management from GBX 290 to GBX 280 and set a “hold” rating for the company in a research note on Thursday, October 2nd. Royal Bank Of Canada restated an “underperform” rating and issued a GBX 310 target price on shares of Liontrust Asset Management in a research note on Friday, October 3rd. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 435 target price on shares of Liontrust Asset Management in a report on Tuesday, October 7th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of GBX 341.25.

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.