Liontrust Asset Management (LON:LIO) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Liontrust Asset Management (LON:LIO) had its target price hoisted by Royal Bank Of Canada from GBX 220 to GBX 240 in a research report issued to clients and investors on Wednesday, Marketbeat reports. The firm presently has an “underperform” rating on the stock. Royal Bank Of Canada’s target price would indicate a potential downside of 3.23% from the company’s previous close.

Several other brokerages have also recently issued reports on LIO. Peel Hunt reaffirmed a “buy” rating and set a GBX 435 target price on shares of Liontrust Asset Management in a research note on Thursday, November 20th. Panmure Gordon reiterated a “buy” rating and issued a GBX 500 target price on shares of Liontrust Asset Management in a research report on Thursday, November 20th. Berenberg Bank decreased their price target on shares of Liontrust Asset Management from GBX 340 to GBX 320 and set a “hold” rating on the stock in a research note on Thursday, November 20th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on shares of Liontrust Asset Management from GBX 180 to GBX 175 and set a “sell” rating on the stock in a research report on Monday, February 2nd. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Liontrust Asset Management currently has a consensus rating of “Hold” and an average price target of GBX 332.

Liontrust Asset Management Stock Down 3.1%

LON LIO opened at GBX 248 on Wednesday. The business has a fifty day moving average price of GBX 250.05 and a 200 day moving average price of GBX 277.80. Liontrust Asset Management has a one year low of GBX 221.88 and a one year high of GBX 419.50. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.35 and a current ratio of 1.35. The company has a market cap 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.

Insider Buying and Selling at Liontrust Asset Management

In related news, insider John Stephen Ions purchased 774 shares of Liontrust Asset Management stock in a transaction dated Wednesday, January 7th. The shares were acquired at an average price of GBX 241 per share, for a total transaction of £1,865.34. Also, insider Vinay Kumar Abrol purchased 774 shares of Liontrust Asset Management stock in a transaction dated Wednesday, January 7th. The shares were bought at an average price of GBX 241 per share, for a total transaction of £1,865.34. 9.27% of the stock is owned by corporate insiders.

Liontrust Asset Management Company Profile

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.