Berenberg Bank Reaffirms Buy Rating for Liontrust Asset Management (LON:LIO)

Liontrust Asset Management (LON:LIO)‘s stock had its “buy” rating restated by Berenberg Bank in a research report issued on Wednesday,Digital Look reports. They presently have a GBX 410 price target on the stock. Berenberg Bank’s price target indicates a potential upside of 37.58% from the company’s previous close.

Several other analysts also recently weighed in on LIO. Royal Bank Of Canada boosted their target price on Liontrust Asset Management from GBX 235 to GBX 270 and gave the company an “underperform” rating in a report on Monday, July 6th. Deutsche Bank Aktiengesellschaft lifted their price target on Liontrust Asset Management from GBX 190 to GBX 205 and gave the stock a “sell” rating in a research report on Thursday, June 25th. Three equities research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of GBX 364.

Liontrust Asset Management Trading Down 6.1%

LON LIO opened at GBX 298 on Wednesday. The firm’s fifty day moving average price is GBX 312.95 and its 200 day moving average price is GBX 274.09. Liontrust Asset Management has a 12 month low of GBX 221.88 and a 12 month high of GBX 385. The company has a debt-to-equity ratio of 2.54, a current ratio of 1.34 and a quick ratio of 1.35. The company has a market capitalization of £176.34 million, a price-to-earnings ratio of 19.36, a price-to-earnings-growth ratio of -1.70 and a beta of 1.49.

Liontrust Asset Management (LON:LIO) last released its quarterly earnings data on Wednesday, June 24th. The company reported GBX 15.40 earnings per share (EPS) for the quarter. The company had revenue of £134.38 million during the quarter. Liontrust Asset Management had a net margin of 7.14% and a return on equity of 8.74%. On average, sell-side analysts expect that Liontrust Asset Management will post 69.828816 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider John Stephen Ions sold 215,041 shares of the stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of GBX 267, for a total transaction of £574,159.47. Also, insider Vinay Kumar Abrol purchased 2,043 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were bought at an average cost of GBX 264 per share, for a total transaction of £5,393.52. Over the last 90 days, insiders acquired 247,401 shares of company stock worth $66,043,809. 9.64% of the stock is currently owned by company 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.