Macquarie Reaffirms Neutral Rating for Liontrust Asset Management PLC (LIO)
Liontrust Asset Management PLC (LON:LIO)‘s stock had its “neutral” rating restated by research analysts at Macquarie in a research note issued on Friday. They currently have a GBX 308 ($4.02) target price on the stock. Macquarie’s price target would indicate a potential downside of 6.67% from the stock’s current price.
LIO has been the subject of a number of other research reports. Numis Securities Ltd lowered Liontrust Asset Management PLC to an “add” rating and set a GBX 405 ($5.29) price objective for the company. in a research note on Wednesday. N+1 Singer increased their price objective on Liontrust Asset Management PLC from GBX 310 ($4.05) to GBX 374 ($4.88) and gave the company a “hold” rating in a research note on Thursday. Finally, Panmure Gordon lowered Liontrust Asset Management PLC to a “hold” rating and dropped their price objective for the company from GBX 330 ($4.31) to GBX 280 ($3.65) in a research note on Thursday, June 16th.
Shares of Liontrust Asset Management PLC (LON:LIO) opened at 330.00 on Friday. Liontrust Asset Management PLC has a 52-week low of GBX 235.00 and a 52-week high of GBX 352.75. The company has a 50-day moving average of GBX 332.48 and a 200 day moving average of GBX 290.69. The firm’s market cap is GBX 148.64 million.
In other Liontrust Asset Management PLC news, insider Abrol,Vinay Kumar bought 22,000 shares of the firm’s stock in a transaction that occurred on Monday, July 25th. The stock was bought at an average price of GBX 275 ($3.59) per share, for a total transaction of £60,500 ($78,971.41). Also, insider Collins,Adrian John Reginald sold 13,623 shares of the company’s stock in a transaction that occurred on Tuesday, September 6th. The shares were sold at an average price of GBX 348 ($4.54), for a total value of £47,408.04 ($61,882.31).
About Liontrust Asset Management PLC
Liontrust Asset Management PLC (Liontrust) is a United Kingdom-based holding company. The Company is engaged in specialist fund management business. It manages the United Kingdom, European, Asian and Global equities, Global credit and Multi-Asset. Liontrust offers individual saving accounts (ISA). The Company distributes its funds and portfolios in the United Kingdom and internationally.
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