Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Liontrust Asset Management (LON:LIO) Stock Price

Liontrust Asset Management (LON:LIO) had its target price hoisted by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 175 to GBX 180 in a report released on Wednesday,London Stock Exchange reports. The firm currently has a “sell” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential downside of 31.69% from the stock’s previous close.

Several other analysts have also recently weighed in on LIO. Peel Hunt reissued a “buy” rating and set a GBX 435 price target on shares of Liontrust Asset Management in a report on Thursday, November 20th. Berenberg Bank dropped 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, November 20th. Royal Bank Of Canada reduced their target price on shares of Liontrust Asset Management from GBX 260 to GBX 220 and set an “underperform” rating for the company in a research report on Thursday. Finally, Panmure Gordon reaffirmed a “buy” rating and set a GBX 500 target price on shares of Liontrust Asset Management in a report on Thursday, November 20th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of GBX 331.

Liontrust Asset Management Stock Performance

Shares of LIO stock traded up GBX 10.50 during midday trading on Wednesday, hitting GBX 263.50. 421,078 shares of the company were exchanged, compared to its average volume of 603,335. Liontrust Asset Management has a 52 week low of GBX 221.88 and a 52 week high of GBX 471.50. The firm has a market capitalization of £164.53 million, a P/E ratio of 13.16, a PEG ratio of -1.70 and a beta of 1.33. The firm’s 50 day moving average price is GBX 266.01 and its two-hundred day moving average price is GBX 314.67. 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 (LON:LIO) last issued its quarterly earnings data on Thursday, November 20th. The company reported GBX 18.68 earnings per share (EPS) for the quarter. Liontrust Asset Management had a net margin of 35.21% and a return on equity of 39.68%. As a group, equities research analysts anticipate that Liontrust Asset Management will post 69.828816 earnings per share for the current year.

Insider Buying and Selling at Liontrust Asset Management

In other Liontrust Asset Management news, insider John Stephen Ions bought 774 shares of the stock in a transaction on Wednesday, January 7th. The stock was purchased at an average price of GBX 241 per share, with a total value of £1,865.34. Also, insider Luke Savage purchased 5,000 shares of Liontrust Asset Management stock in a transaction dated Friday, November 21st. The stock was bought at an average price of GBX 281 per share, for a total transaction of £14,050. In the last quarter, insiders have acquired 6,548 shares of company stock valued at $1,778,068. 9.05% of the stock is currently owned by corporate insiders.

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. Liontrust Asset Management Plc was founded in 1994 and is based in London, United Kingdom.