Deutsche Bank Aktiengesellschaft Lowers Liontrust Asset Management (LON:LIO) Price Target to GBX 165

Liontrust Asset Management (LON:LIO) had its target price reduced by analysts at Deutsche Bank Aktiengesellschaft from GBX 200 to GBX 165 in a research report issued to clients and investors on Wednesday, MarketBeat reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential downside of 33.47% from the company’s previous close.

A number of other research firms also recently weighed in on LIO. Panmure Gordon reiterated a “buy” rating and issued a GBX 500 price target on shares of Liontrust Asset Management in a research report on Thursday, November 20th. Berenberg Bank reduced their price target on Liontrust Asset Management from GBX 340 to GBX 320 and set a “hold” rating on the stock in a research report on Thursday, November 20th. Peel Hunt restated a “buy” rating and set a GBX 435 price objective on shares of Liontrust Asset Management in a research note on Thursday, November 20th. Finally, Royal Bank Of Canada lifted their price objective on Liontrust Asset Management from GBX 220 to GBX 240 and gave the company an “underperform” rating in a report on Wednesday. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of GBX 332.

Liontrust Asset Management Stock Performance

LON LIO opened at GBX 248 on Wednesday. The firm has a 50-day moving average price of GBX 250.05 and a two-hundred day moving average price of GBX 277.80. Liontrust Asset Management has a 12-month low of GBX 221.88 and a 12-month high of GBX 419.50. The company has a market capitalization of £151.79 million, a P/E ratio of 12.39, a P/E/G ratio of -1.70 and a beta of 1.50. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.76.

Insider Activity

In other news, insider John Stephen Ions purchased 774 shares of the business’s stock in a transaction dated Wednesday, January 7th. The stock was bought at an average price of GBX 241 per share, with a total value of £1,865.34. Also, insider Vinay Kumar Abrol bought 774 shares of Liontrust Asset Management stock in a transaction on Wednesday, January 7th. The stock was acquired at an average cost of GBX 241 per share, for a total transaction of £1,865.34. 9.27% of the stock is owned by company insiders.

About Liontrust Asset Management

Liontrust Asset Management Plc is a publicly owned investment manager. The firm also launches equity, fixed income, , multi-asset and managed funds for its clients. It invests into the public equity and multi-asset markets across the globe. The firm was formerly known as River and Mercantile Investment Management Limited. Liontrust Asset Management Plc was founded in 1994 and is based in London, United Kingdom.