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

Liontrust Asset Management (LON:LIO) had its price objective cut by Royal Bank Of Canada from GBX 270 to GBX 260 in a research note published on Monday morning, MarketBeat.com reports. They currently have an underperform rating on the stock.

Other analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Liontrust Asset Management from GBX 290 to GBX 280 and set a “hold” rating on the stock in a research report on Thursday, October 2nd. Berenberg Bank lowered their price target on shares of Liontrust Asset Management from GBX 340 to GBX 320 and set a “hold” rating on the stock in a report on Thursday, November 20th. Peel Hunt reiterated a “buy” rating and issued a GBX 435 price objective on shares of Liontrust Asset Management in a research note on Thursday, November 20th. Finally, Panmure Gordon reissued a “buy” rating and set a GBX 500 price objective on shares of Liontrust Asset Management in a report on Thursday, November 20th. Two 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 stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of GBX 359.

Liontrust Asset Management Trading Down 3.2%

Shares of Liontrust Asset Management stock opened at GBX 269.50 on Monday. The firm has a market cap of £169.10 million, a PE ratio of 10.29, a P/E/G ratio of -1.70 and a beta of 1.33. Liontrust Asset Management has a 1 year low of GBX 221.88 and a 1 year high of GBX 508. 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 fifty day moving average price of GBX 310.43 and a 200-day moving average price of GBX 346.65.

Liontrust Asset Management (LON:LIO) last issued its quarterly earnings results on Thursday, November 20th. The company reported GBX 18.68 earnings per share for the quarter. Liontrust Asset Management had a net margin of 35.21% and a return on equity of 39.68%. Equities research analysts anticipate that Liontrust Asset Management will post 69.828816 EPS for the current year.

Insider Activity

In other Liontrust Asset Management news, insider Luke Savage purchased 5,000 shares of the stock in a transaction dated Friday, November 21st. The shares were bought at an average price of GBX 281 per share, with a total value of £14,050. 9.03% of the stock is currently owned by company insiders.

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.