Liontrust Asset Management PLC (LIO) Earns “Buy” Rating from Canaccord Genuity
Liontrust Asset Management PLC (LON:LIO)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity in a report released on Thursday. They presently have a GBX 545 ($7.35) price objective on the stock. Canaccord Genuity’s price objective suggests a potential upside of 9.05% from the stock’s previous close.
LIO has been the topic of a number of other reports. Numis Securities Ltd reiterated an “add” rating and issued a GBX 520 ($7.01) target price on shares of Liontrust Asset Management PLC in a research note on Thursday, June 15th. N+1 Singer upped their price target on shares of Liontrust Asset Management PLC from GBX 500 ($6.74) to GBX 510 ($6.88) and gave the company a “buy” rating in a research note on Thursday, June 15th. Finally, Macquarie restated a “neutral” rating and set a GBX 426 ($5.74) price target on shares of Liontrust Asset Management PLC in a research note on Friday, June 16th.
Liontrust Asset Management PLC (LON LIO) traded down 1.20% on Thursday, reaching GBX 493.75. 1,473 shares of the company’s stock traded hands. The company’s 50 day moving average is GBX 485.99 and its 200-day moving average is GBX 446.79. The stock’s market cap is GBX 222.74 million. Liontrust Asset Management PLC has a 52-week low of GBX 299.00 and a 52-week high of GBX 515.00.
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In related news, insider Adrian John Reginald Collins sold 21,988 shares of the company’s stock in a transaction that occurred on Wednesday, June 28th. The shares were sold at an average price of GBX 445 ($6.00), for a total transaction of £97,846.60 ($131,922.07).
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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