Liontrust Asset Management (LON:LIO) Price Target Raised to GBX 240 at Royal Bank Of Canada

Liontrust Asset Management (LON:LIO) had its target price increased by equities research analysts at Royal Bank Of Canada from GBX 220 to GBX 240 in a report released on Wednesday,London Stock Exchange reports. The brokerage presently has an “underperform” rating on the stock. Royal Bank Of Canada’s price objective would suggest a potential downside of 6.98% from the stock’s previous close.

A number of other equities analysts have also weighed in on the company. Panmure Gordon reissued a “buy” rating and issued a GBX 500 target price on shares of Liontrust Asset Management in a research report on Thursday, November 20th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Liontrust Asset Management from GBX 180 to GBX 175 and set a “sell” rating for the company in a research note on Monday, February 2nd. Berenberg Bank decreased their price objective on shares of Liontrust Asset Management from GBX 340 to GBX 320 and set a “hold” rating for the company in a report on Thursday, November 20th. Finally, Peel Hunt restated a “buy” rating and set a GBX 435 price objective on shares of Liontrust Asset Management in a research report on Thursday, November 20th. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Liontrust Asset Management has an average rating of “Hold” and a consensus price target of GBX 332.

Liontrust Asset Management Stock Down 0.4%

Shares of LIO stock traded down GBX 1 during mid-day trading on Wednesday, hitting GBX 258. The company’s stock had a trading volume of 279,015 shares, compared to its average volume of 394,265. The stock has a market cap of £157.91 million, a price-to-earnings ratio of 12.89, a PEG ratio of -1.70 and a beta of 1.50. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.35 and a current ratio of 1.35. Liontrust Asset Management has a 52-week low of GBX 221.88 and a 52-week high of GBX 419.50. The business has a 50-day moving average price of GBX 249.34 and a 200 day moving average price of GBX 278.15.

Insider Activity at Liontrust Asset Management

In other Liontrust Asset Management news, insider John Stephen Ions purchased 774 shares of the company’s stock in a transaction dated Wednesday, January 7th. The shares were acquired at an average price of GBX 241 per share, for a total transaction of £1,865.34. Also, insider Vinay Kumar Abrol acquired 774 shares of the business’s stock in a transaction dated Wednesday, January 7th. The shares were acquired at an average cost of GBX 241 per share, with a total value of £1,865.34. Insiders own 9.27% of the company’s stock.

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