Macquarie Reaffirms “Neutral” Rating for Liontrust Asset Management PLC (LIO)
Liontrust Asset Management PLC (LON:LIO)‘s stock had its “neutral” rating restated by investment analysts at Macquarie in a research report issued to clients and investors on Friday. They presently have a GBX 308 ($4.02) target price on the stock. Macquarie’s target price indicates a potential downside of 10.72% from the company’s current price.
LIO has been the topic of a number of other research reports. Numis Securities Ltd restated a “buy” rating and issued a GBX 405 ($5.29) target price on shares of Liontrust Asset Management PLC in a research report on Friday, September 2nd. Panmure Gordon lowered shares of Liontrust Asset Management PLC to a “hold” rating and cut their target price for the company from GBX 330 ($4.31) to GBX 280 ($3.65) in a research report on Thursday, June 16th. Finally, N+1 Singer raised their target price on shares of Liontrust Asset Management PLC from GBX 310 ($4.05) to GBX 374 ($4.88) and gave the company a “hold” rating in a research report on Thursday.
Shares of Liontrust Asset Management PLC (LON:LIO) traded up 4.55% during trading on Friday, reaching GBX 345.00. 20,206 shares of the company were exchanged. Liontrust Asset Management PLC has a 52-week low of GBX 235.00 and a 52-week high of GBX 352.75. The stock’s 50-day moving average is GBX 332.85 and its 200-day moving average is GBX 291.27. The firm’s market cap is GBX 155.39 million.
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In related news, insider Collins,Adrian John Reginald sold 13,623 shares of Liontrust Asset Management PLC stock in a transaction on Tuesday, September 6th. The shares were sold at an average price of GBX 348 ($4.54), for a total transaction of £47,408.04 ($61,882.31). Also, insider Abrol,Vinay Kumar bought 22,000 shares of the stock in a transaction that occurred on Monday, July 25th. The shares were purchased at an average cost of GBX 275 ($3.59) per share, with a total value of £60,500 ($78,971.41).
Liontrust Asset Management PLC Company Profile
Liontrust Asset Management PLC (Liontrust) is a United Kingdom-based holding company. The Company is engaged in specialist fund management business. It manages the United Kingdom, European, Asian and Global equities, Global credit and Multi-Asset. Liontrust offers individual saving accounts (ISA). The Company distributes its funds and portfolios in the United Kingdom and internationally.
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