Liontrust Asset Management (LON:LIO) Shares Cross Above 200-Day Moving Average – What’s Next?

Shares of Liontrust Asset Management PLC (LON:LIO) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 260.25 and traded as high as GBX 306. Liontrust Asset Management shares last traded at GBX 301.50, with a volume of 381,771 shares.

Analysts Set New Price Targets

Several research analysts recently commented on LIO shares. Royal Bank Of Canada reduced their price target on shares of Liontrust Asset Management from GBX 240 to GBX 235 and set an “underperform” rating on the stock in a research note on Wednesday, April 8th. Berenberg Bank reiterated a “hold” rating and set a GBX 270 target price on shares of Liontrust Asset Management in a report on Wednesday, April 22nd. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of Liontrust Asset Management from GBX 170 to GBX 190 and gave the stock a “sell” rating in a report on Wednesday, June 3rd. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 326.

Liontrust Asset Management Stock Down 0.2%

The firm has a market capitalization of £180.26 million, a P/E ratio of 15.06, a PEG ratio of -1.70 and a beta of 1.41. 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 business’s fifty day moving average price is GBX 273.46 and its two-hundred day moving average price is GBX 260.25.

Insider Transactions at Liontrust Asset Management

In other news, insider Vinay Kumar Abrol purchased 2,043 shares of the stock in a transaction dated Tuesday, May 5th. The shares were acquired at an average cost of GBX 264 per share, for a total transaction of £5,393.52. Also, insider John Stephen Ions acquired 2,043 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The stock was bought at an average cost of GBX 264 per share, with a total value of £5,393.52. Insiders bought a total of 247,401 shares of company stock worth $66,043,809 over the last 90 days. Company insiders own 9.49% of the company’s stock.

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.