Liontrust Asset Management (LIO) Raised to Buy at Numis Securities
Liontrust Asset Management (LON:LIO) was upgraded by investment analysts at Numis Securities to a “buy” rating in a report issued on Wednesday. The brokerage presently has a GBX 595 ($7.96) price objective on the stock, up from their prior price objective of GBX 580 ($7.76). Numis Securities’ price objective suggests a potential upside of 21.43% from the company’s previous close.
LIO has been the subject of several other research reports. Macquarie reiterated a “neutral” rating and set a GBX 503 ($6.73) target price on shares of Liontrust Asset Management in a research report on Wednesday, October 18th. Canaccord Genuity reiterated a “buy” rating and set a GBX 545 ($7.29) target price on shares of Liontrust Asset Management in a research report on Thursday, September 21st. Finally, N+1 Singer reiterated a “buy” rating and set a GBX 560 ($7.49) target price on shares of Liontrust Asset Management in a research report on Thursday, November 23rd.
Shares of Liontrust Asset Management (LON:LIO) opened at GBX 490 ($6.55) on Wednesday. The company has a market cap of $242.96 and a price-to-earnings ratio of 3,062.50. Liontrust Asset Management has a 1 year low of GBX 375.25 ($5.02) and a 1 year high of GBX 523.50 ($7.00).
Liontrust Asset Management 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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