Deutsche Bank Aktiengesellschaft Boosts Liontrust Asset Management (LON:LIO) Price Target to GBX 180

Liontrust Asset Management (LON:LIO) had its price objective boosted by analysts at Deutsche Bank Aktiengesellschaft from GBX 175 to GBX 180 in a research report issued to clients and investors on Wednesday, MarketBeat.com reports. The brokerage currently has a “sell” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential downside of 31.69% from the company’s previous close.

LIO has been the topic of a number of other reports. Peel Hunt restated a “buy” rating and issued a GBX 435 price target on shares of Liontrust Asset Management in a report on Thursday, November 20th. Panmure Gordon reissued a “buy” rating and set a GBX 500 target price on shares of Liontrust Asset Management in a research report on Thursday, November 20th. Royal Bank Of Canada lowered 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 note on Thursday. Finally, Berenberg Bank cut 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. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Liontrust Asset Management presently has a consensus rating of “Hold” and an average target price of GBX 331.

Liontrust Asset Management Trading Up 4.2%

LIO opened at GBX 263.50 on Wednesday. The company 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 company has a quick ratio of 1.35, a current ratio of 1.42 and a debt-to-equity ratio of 1.48. Liontrust Asset Management has a 52 week low of GBX 221.88 and a 52 week high of GBX 471.50. The stock’s fifty day moving average is GBX 265.18 and its two-hundred day moving average is GBX 314.31.

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

Insider Buying and Selling at Liontrust Asset Management

In related news, insider Luke Savage acquired 5,000 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were purchased at an average cost of GBX 281 per share, with a total value of £14,050. Also, insider John Stephen Ions bought 774 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The stock was purchased at an average cost of GBX 241 per share, for a total transaction of £1,865.34. In the last quarter, insiders have purchased 6,548 shares of company stock worth $1,778,068. 9.05% of the stock is 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.