Liontrust Asset Management (LON:LIO) Receives Buy Rating from Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Liontrust Asset Management (LON:LIO) in a research report released on Wednesday,Digital Look reports. They currently have a GBX 410 price objective on the stock.

LIO has been the subject of a number of other reports. Royal Bank Of Canada lifted their price objective on shares of Liontrust Asset Management from GBX 235 to GBX 270 and gave the company an “underperform” rating in a research note on Monday, July 6th. Deutsche Bank Aktiengesellschaft increased their target price on Liontrust Asset Management from GBX 190 to GBX 205 and gave the stock a “sell” rating in a research report on Thursday, June 25th. Three research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of GBX 364.

Liontrust Asset Management Price Performance

Shares of LON:LIO opened at GBX 317.50 on Wednesday. The company has a quick ratio of 1.35, a current ratio of 1.34 and a debt-to-equity ratio of 2.54. The firm has a market capitalization of £187.88 million, a PE ratio of 20.63, a P/E/G ratio of -1.70 and a beta of 1.49. Liontrust Asset Management has a twelve month low of GBX 221.88 and a twelve month high of GBX 385. The company has a 50-day moving average price of GBX 312.67 and a two-hundred day moving average price of GBX 273.86.

Liontrust Asset Management (LON:LIO) last posted its earnings results on Wednesday, June 24th. The company reported GBX 15.40 earnings per share for the quarter. Liontrust Asset Management had a net margin of 7.14% and a return on equity of 8.74%. The firm had revenue of £134.38 million during the quarter. Equities analysts forecast that Liontrust Asset Management will post 69.828816 EPS for the current year.

Insider Buying and Selling at Liontrust Asset Management

In other news, insider John Stephen Ions sold 215,041 shares of the company’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of GBX 267, for a total value of £574,159.47. Also, insider Vinay Kumar Abrol acquired 2,043 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was acquired at an average price of GBX 264 per share, for a total transaction of £5,393.52. Over the last three months, insiders acquired 247,401 shares of company stock valued at $66,043,809. Insiders own 9.64% of the company’s stock.

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.