Royal Bank Of Canada Issues Pessimistic Forecast for Liontrust Asset Management (LON:LIO) Stock Price

Liontrust Asset Management (LON:LIO) had its target price lowered by Royal Bank Of Canada from GBX 270 to GBX 260 in a report issued on Monday, Marketbeat reports. The brokerage currently has an “underperform” rating on the stock. Royal Bank Of Canada’s target price points to a potential downside of 1.14% from the stock’s current price.

Several other equities analysts also recently issued reports on the stock. Peel Hunt restated a “buy” rating and set a GBX 435 price objective on shares of Liontrust Asset Management in a report on Thursday, November 20th. Berenberg Bank dropped their target price on shares of 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. Deutsche Bank Aktiengesellschaft cut their price target on shares of Liontrust Asset Management from GBX 290 to GBX 280 and set a “hold” rating on the stock in a research note on Thursday, October 2nd. Finally, Panmure Gordon reaffirmed a “buy” rating and issued a GBX 500 price target on shares of Liontrust Asset Management in a report on Thursday, November 20th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of GBX 359.

Liontrust Asset Management Stock Performance

Shares of LIO opened at GBX 263 on Monday. The company has a current ratio of 1.42, a quick ratio of 1.35 and a debt-to-equity ratio of 1.48. The firm has a market cap of £165.02 million, a PE ratio of 10.04, a P/E/G ratio of -1.70 and a beta of 1.33. Liontrust Asset Management has a 12 month low of GBX 221.88 and a 12 month high of GBX 508. The stock has a fifty day moving average price of GBX 309.73 and a 200-day moving average price of GBX 345.92.

Liontrust Asset Management (LON:LIO) last announced 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 return on equity of 39.68% and a net margin of 35.21%. Equities research analysts predict that Liontrust Asset Management will post 69.828816 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Luke Savage bought 5,000 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were purchased at an average cost of GBX 281 per share, with a total value of £14,050. 9.03% of the stock is currently 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.