Liontrust Asset Management PLC (LIO) Receives “Add” Rating from Numis Securities Ltd
Liontrust Asset Management PLC (LON:LIO)‘s stock had its “add” rating reiterated by analysts at Numis Securities Ltd in a research report issued on Friday, Marketbeat.com reports. They presently have a GBX 520 ($6.77) price objective on the stock. Numis Securities Ltd’s price objective would indicate a potential upside of 7.11% from the company’s previous close.
Other equities research analysts have also issued reports about the stock. Canaccord Genuity reiterated a “buy” rating and issued a GBX 545 ($7.10) target price on shares of Liontrust Asset Management PLC in a report on Thursday, July 6th. Macquarie reiterated a “neutral” rating and issued a GBX 426 ($5.55) target price on shares of Liontrust Asset Management PLC in a report on Friday, June 16th. Finally, N+1 Singer increased their target price on shares of Liontrust Asset Management PLC from GBX 500 ($6.51) to GBX 510 ($6.64) and gave the stock a “buy” rating in a report on Thursday, June 15th.
Liontrust Asset Management PLC (LON LIO) traded up 1.68% during trading on Friday, reaching GBX 485.50. 12,921 shares of the company’s stock traded hands. The firm’s 50 day moving average is GBX 453.78 and its 200 day moving average is GBX 427.62. The company’s market cap is GBX 219.01 million. Liontrust Asset Management PLC has a 12 month low of GBX 299.00 and a 12 month high of GBX 485.50.
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In related news, insider John Stephen Ions sold 211,157 shares of the firm’s stock in a transaction on Thursday, June 15th. The shares were sold at an average price of GBX 450 ($5.86), for a total transaction of £950,206.50 ($1,237,409.17). Also, insider Adrian John Reginald Collins sold 21,988 shares of the firm’s stock in a transaction on Wednesday, June 28th. The stock was sold at an average price of GBX 445 ($5.80), for a total transaction of £97,846.60 ($127,421.02).
Liontrust Asset Management PLC Company Profile
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.
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