Royal Bank Of Canada Cuts Liontrust Asset Management (LON:LIO) Price Target to GBX 260

Liontrust Asset Management (LON:LIO) had its price target dropped by stock analysts at Royal Bank Of Canada from GBX 270 to GBX 260 in a research note issued to investors on Monday, MarketBeat reports. The firm presently has an “underperform” rating on the stock. Royal Bank Of Canada’s target price points to a potential downside of 5.62% from the company’s previous close.

A number of other equities analysts have also recently weighed in on the company. Peel Hunt reaffirmed a “buy” rating and issued a GBX 435 price target on shares of Liontrust Asset Management in a report on Thursday. Panmure Gordon reissued a “buy” rating and set a GBX 500 price target on shares of Liontrust Asset Management in a research report on Thursday. Deutsche Bank Aktiengesellschaft lowered their target price 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. Finally, Berenberg Bank decreased their target price on Liontrust Asset Management from GBX 340 to GBX 320 and set a “hold” rating for the company in a report on Thursday. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Liontrust Asset Management currently has an average rating of “Hold” and an average price target of GBX 359.

Liontrust Asset Management Stock Performance

LIO stock opened at GBX 275.48 on Monday. The firm has a 50-day simple moving average of GBX 311.08 and a two-hundred day simple moving average of GBX 347.32. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.35 and a current ratio of 1.42. Liontrust Asset Management has a one year low of GBX 221.88 and a one year high of GBX 508. The firm has a market cap of £172.85 million, a price-to-earnings ratio of 10.51, a PEG ratio of -1.70 and a beta of 1.33.

Liontrust Asset Management (LON:LIO) last posted its quarterly earnings data on Thursday, November 20th. The company reported GBX 18.68 EPS for the quarter. Liontrust Asset Management had a net margin of 35.21% and a return on equity of 39.68%. On average, equities analysts forecast that Liontrust Asset Management will post 69.828816 EPS for the current fiscal year.

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.