Liontrust Asset Management PLC (LIO) Price Target Raised to GBX 510 at N+1 Singer
Liontrust Asset Management PLC (LON:LIO) had its target price lifted by N+1 Singer from GBX 500 ($6.33) to GBX 510 ($6.45) in a research report issued on Thursday. The firm currently has a “buy” rating on the stock. N+1 Singer’s price target would suggest a potential upside of 10.93% from the company’s current price.
Several other research firms have also commented on LIO. Macquarie reiterated a “neutral” rating and set a GBX 426 ($5.39) price objective on shares of Liontrust Asset Management PLC in a research note on Tuesday, May 2nd. Numis Securities Ltd reiterated an “add” rating and set a GBX 460 ($5.82) price objective on shares of Liontrust Asset Management PLC in a research note on Wednesday, April 5th. Finally, Canaccord Genuity boosted their price objective on shares of Liontrust Asset Management PLC from GBX 460 ($5.82) to GBX 495 ($6.26) and gave the stock a “buy” rating in a research note on Wednesday, April 5th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Liontrust Asset Management PLC currently has a consensus rating of “Hold” and a consensus target price of GBX 434.20 ($5.49).
Liontrust Asset Management PLC (LON LIO) opened at 460.00 on Thursday. The firm’s 50 day moving average is GBX 449.03 and its 200-day moving average is GBX 403.15. The company’s market cap is GBX 207.20 million. Liontrust Asset Management PLC has a 52 week low of GBX 235.00 and a 52 week high of GBX 470.00.
COPYRIGHT VIOLATION WARNING: This story was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this story on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this story can be viewed at https://www.americanbankingnews.com/2017/06/15/liontrust-asset-management-plc-lio-price-target-raised-to-gbx-510-at-n1-singer.html.
In other Liontrust Asset Management PLC news, insider John Stephen Ions acquired 1,230 shares of the company’s stock in a transaction dated Wednesday, April 26th. The shares were acquired at an average cost of GBX 438 ($5.54) per share, with a total value of £5,387.40 ($6,815.18).
About Liontrust Asset Management PLC
Liontrust Asset Management PLC (Liontrust) is a holding company. The Company is engaged in specialist fund management business. It is an investment management company that manages the United Kingdom, European, Asian and Global equities, Global credit and Multi-Assets. It offers a range of products, such as Unit Trusts, Offshore funds, Segregated Mandates and Discretionary Portfolio Management Services.
Receive News & Ratings for Liontrust Asset Management PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liontrust Asset Management PLC and related companies with MarketBeat.com's FREE daily email newsletter.