Liontrust Asset Management (LON:LIO) Shares Cross Below 200-Day Moving Average – What’s Next?

Liontrust Asset Management PLC (LON:LIO) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 309.81 and traded as low as GBX 256. Liontrust Asset Management shares last traded at GBX 257, with a volume of 532,467 shares.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on LIO shares. Royal Bank Of Canada reduced their price target on Liontrust Asset Management from GBX 260 to GBX 220 and set an “underperform” rating on the stock in a research report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft upped their price target on Liontrust Asset Management from GBX 175 to GBX 180 and gave the stock a “sell” rating in a report on Wednesday, January 14th. Berenberg Bank lowered their price target on Liontrust Asset Management from GBX 340 to GBX 320 and set a “hold” rating on the stock in a research note on Thursday, November 20th. Panmure Gordon restated a “buy” rating and set a GBX 500 price target on shares of Liontrust Asset Management in a report on Thursday, November 20th. Finally, Peel Hunt reissued a “buy” rating and set a GBX 435 price objective on shares of Liontrust Asset Management in a research 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 issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of GBX 331.

Liontrust Asset Management Stock Down 1.8%

The company has a market capitalization of £157.66 million, a price-to-earnings ratio of 12.61, a PEG ratio of -1.70 and a beta of 1.33. The business has a 50-day simple moving average of GBX 261.25 and a two-hundred day simple moving average of GBX 309.81. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.35 and a current ratio of 1.42.

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

Insider Activity

In other news, insider Vinay Kumar Abrol bought 774 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The stock was purchased at an average price of GBX 241 per share, with a total value of £1,865.34. Also, insider Luke Savage acquired 5,000 shares of the business’s stock in a transaction dated Friday, November 21st. The stock was purchased at an average cost of GBX 281 per share, with a total value of £14,050. Insiders bought a total of 6,548 shares of company stock worth $1,778,068 over the last 90 days. 9.05% of the stock is currently owned by corporate 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. Liontrust Asset Management Plc was founded in 1994 and is based in London, United Kingdom.