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

Liontrust Asset Management (LON:LIO) had its price target increased by Royal Bank Of Canada from GBX 220 to GBX 240 in a report issued on Wednesday, Marketbeat reports. Royal Bank Of Canada currently has an underperform rating on the stock.

LIO has been the subject of several other reports. Deutsche Bank Aktiengesellschaft decreased 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 report on Monday, February 2nd. Panmure Gordon reiterated a “buy” rating and set a GBX 500 price objective on shares of Liontrust Asset Management in a research note on Thursday, November 20th. Peel Hunt reissued a “buy” rating and set a GBX 435 target price on shares of Liontrust Asset Management in a research report on Thursday, November 20th. Finally, Berenberg Bank lowered their target price on shares of 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. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of GBX 332.

Liontrust Asset Management Trading Up 0.8%

LON:LIO opened at GBX 258 on Wednesday. Liontrust Asset Management has a one year low of GBX 221.88 and a one year high of GBX 419.50. The company’s 50-day simple moving average is GBX 249.83 and its 200 day simple moving average is GBX 278.01. The firm has a market capitalization of £157.91 million, a P/E 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 current ratio of 1.35 and a quick ratio of 1.35.

Insiders Place Their Bets

In other news, insider Vinay Kumar Abrol purchased 774 shares of the stock in a transaction on Wednesday, January 7th. The stock was bought at an average price of GBX 241 per share, with a total value of £1,865.34. Also, insider John Stephen Ions purchased 774 shares of the company’s stock in a transaction on Wednesday, January 7th. The shares were purchased at an average price of GBX 241 per share, for a total transaction of £1,865.34. Company 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.