Liontrust Asset Management (LON:LIO) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Liontrust Asset Management PLC (LON:LIO) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 334.18 and traded as low as GBX 253. Liontrust Asset Management shares last traded at GBX 254, with a volume of 2,073,701 shares trading hands.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on LIO. Royal Bank Of Canada lowered their price target on Liontrust Asset Management from GBX 270 to GBX 260 and set an “underperform” rating on the stock in a report on Monday, November 24th. Panmure Gordon reissued a “buy” rating and issued a GBX 500 target price on shares of Liontrust Asset Management in a report on Thursday, November 20th. Berenberg Bank cut their price target on Liontrust Asset Management from GBX 340 to GBX 320 and set a “hold” rating for the company in a research note on Thursday, November 20th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Liontrust Asset Management from GBX 290 to GBX 280 and set a “hold” rating for the company in a research report on Thursday, October 2nd. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 435 price objective on shares of Liontrust Asset Management in a report on Thursday, November 20th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 359.

Liontrust Asset Management Trading Up 0.6%

The stock has a market cap of £160.92 million, a P/E ratio of 12.84, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33. The stock’s 50-day moving average is GBX 289.53 and its two-hundred day moving average is GBX 334.18. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.42 and a quick ratio of 1.35.

Liontrust Asset Management (LON:LIO) last released 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%. Equities research analysts anticipate that Liontrust Asset Management PLC will post 69.828816 EPS for the current year.

Insider Transactions at Liontrust Asset Management

In other news, insider Luke Savage acquired 5,000 shares of the firm’s stock in a transaction dated Friday, November 21st. The shares were acquired at an average cost of GBX 281 per share, with a total value of £14,050. 9.05% of the stock is currently owned by 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.