Liontrust Asset Management (LON:LIO) Reaches New 52-Week Low After Analyst Downgrade

Liontrust Asset Management PLC (LON:LIO)’s stock price reached a new 52-week low on Monday after Royal Bank Of Canada lowered their price target on the stock from GBX 270 to GBX 260. Royal Bank Of Canada currently has an underperform rating on the stock. Liontrust Asset Management traded as low as GBX 267.50 and last traded at GBX 269.50, with a volume of 331780 shares. The stock had previously closed at GBX 278.50.

LIO has been the subject of several other research reports. Berenberg Bank reduced their price target on shares of Liontrust Asset Management from GBX 340 to GBX 320 and set a “hold” rating for the company in a research report on Thursday, November 20th. Panmure Gordon reissued a “buy” rating and set a GBX 500 target price on shares of Liontrust Asset Management in a report on Thursday, November 20th. Peel Hunt restated a “buy” rating and issued a GBX 435 target price on shares of Liontrust Asset Management in a research report on Thursday, November 20th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Liontrust Asset Management from GBX 290 to GBX 280 and set a “hold” rating for the company in a research report on Thursday, October 2nd. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of GBX 359.

Insider Buying and Selling at Liontrust Asset Management

In other Liontrust Asset Management news, insider Luke Savage acquired 5,000 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The stock was purchased at an average cost of GBX 281 per share, with a total value of £14,050. Corporate insiders own 9.03% of the company’s stock.

Liontrust Asset Management Trading Down 2.4%

The business has a 50-day simple moving average of GBX 309.73 and a 200-day simple moving average of GBX 345.92. The company has a quick ratio of 1.35, a current ratio of 1.42 and a debt-to-equity ratio of 1.48. The company has a market cap of £165.02 million, a PE ratio of 10.04, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33.

Liontrust Asset Management (LON:LIO) last released its earnings results on Thursday, November 20th. The company reported GBX 18.68 earnings per share (EPS) for the quarter. Liontrust Asset Management had a net margin of 35.21% and a return on equity of 39.68%. On average, analysts predict that Liontrust Asset Management PLC will post 69.828816 EPS for the current fiscal year.

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.