Liontrust Asset Management (LON:LIO) Price Target Raised to GBX 270 at Royal Bank Of Canada

Liontrust Asset Management (LON:LIO) had its price target boosted by investment analysts at Royal Bank Of Canada from GBX 235 to GBX 270 in a report released on Monday,Digital Look reports. The brokerage presently has an “underperform” rating on the stock. Royal Bank Of Canada’s price objective would suggest a potential downside of 21.05% from the company’s current price.

A number of other research analysts have also recently issued reports on the company. Deutsche Bank Aktiengesellschaft lifted their price objective on Liontrust Asset Management from GBX 190 to GBX 205 and gave the company a “sell” rating in a research note on Thursday, June 25th. Berenberg Bank raised their price target on Liontrust Asset Management from GBX 270 to GBX 410 and gave the company a “buy” rating in a report on Wednesday, June 24th. Three equities research analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of GBX 364.

Liontrust Asset Management Stock Performance

Shares of Liontrust Asset Management stock opened at GBX 342 on Monday. Liontrust Asset Management has a 12 month low of GBX 221.88 and a 12 month high of GBX 398. The firm has a market capitalization of £204.47 million, a P/E ratio of 22.22, a P/E/G ratio of -1.70 and a beta of 1.49. The company has a current ratio of 1.34, a quick ratio of 1.35 and a debt-to-equity ratio of 1.82. The business has a fifty day simple moving average of GBX 295.54 and a two-hundred day simple moving average of GBX 267.75.

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

Insider Buying and Selling at Liontrust Asset Management

In other Liontrust Asset Management news, insider Vinay Kumar Abrol bought 2,043 shares of the business’s stock in a transaction on 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 purchased 2,043 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was acquired at an average price of GBX 264 per share, with a total value of £5,393.52. Over the last quarter, insiders have acquired 247,401 shares of company stock worth $66,043,809. 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.