Liontrust Asset Management’s Buy Rating Reaffirmed at Panmure Gordon (LIO)
Liontrust Asset Management (LON:LIO)‘s stock had its “buy” rating reaffirmed by investment analysts at Panmure Gordon in a note issued to investors on Wednesday, American Banking & Market News reports. They currently have a GBX 336 ($5.54) target price on the stock. Panmure Gordon’s price objective indicates a potential upside of 24.54% from the stock’s previous close.
Shares of Liontrust Asset Management (LON:LIO) opened at 260.00 on Wednesday. Liontrust Asset Management has a 52 week low of GBX 144.00 and a 52 week high of GBX 285.00. The stock’s 50-day moving average is GBX 258.2 and its 200-day moving average is GBX 236.4. The company’s market cap is £94.9 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nplus1 Brewin raised their price target on shares of Liontrust Asset Management from GBX 282 ($4.65) to GBX 294 ($4.84) in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at N+1 Singer raised their price target on shares of Liontrust Asset Management from GBX 282 ($4.65) to GBX 294 ($4.84) in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at JPMorgan Chase & Co. upgraded shares of Liontrust Asset Management to a “neutral” rating in a research note to investors on Friday, January 10th. They now have a GBX 281 ($4.63) price target on the stock, up previously from GBX 243 ($4.00). Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of GBX 294.80 ($4.86).
Liontrust Asset Management PLC (LON:LIO) is a holding company.
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