Liontrust Asset Management PLC (LON:LIO) Stock Rating Reaffirmed by Canaccord Genuity
Liontrust Asset Management PLC (LON:LIO)‘s stock had its “buy” rating reiterated by research analysts at Canaccord Genuity in a note issued to investors on Friday. They presently have a GBX 545 ($7.10) price objective on the stock. Canaccord Genuity’s price target points to a potential upside of 14.14% from the stock’s previous close.
Several other analysts have also recently issued reports on the company. Macquarie reaffirmed a “neutral” rating and set a GBX 426 ($5.55) target price on shares of Liontrust Asset Management PLC in a research report on Tuesday, May 2nd. N+1 Singer increased their target price on Liontrust Asset Management PLC from GBX 500 ($6.51) to GBX 510 ($6.64) and gave the company a “buy” rating in a research report on Thursday, June 15th. Finally, Numis Securities Ltd reaffirmed an “add” rating and set a GBX 520 ($6.77) target price on shares of Liontrust Asset Management PLC in a research report on Thursday, June 29th.
Liontrust Asset Management PLC (LIO) opened at 480.00 on Friday. Liontrust Asset Management PLC has a 52 week low of GBX 299.00 and a 52 week high of GBX 482.00. The firm’s 50-day moving average price is GBX 453.26 and its 200-day moving average price is GBX 427.01. The stock’s market cap is GBX 216.53 million.
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In other news, insider John Stephen Ions sold 211,157 shares of the stock in a transaction on Thursday, June 15th. The stock was sold at an average price of GBX 450 ($5.86), for a total transaction of £950,206.50 ($1,237,409.17). Also, insider Adrian John Reginald Collins sold 21,988 shares of the stock in a transaction on Wednesday, June 28th. The shares were sold at an average price of GBX 445 ($5.80), for a total value of £97,846.60 ($127,421.02).
Liontrust Asset Management PLC Company Profile
Liontrust Asset Management PLC (Liontrust) is a holding company. The Company is engaged in specialist fund management business. It is an investment management company that manages the United Kingdom, European, Asian and Global equities, Global credit and Multi-Assets. It offers a range of products, such as Unit Trusts, Offshore funds, Segregated Mandates and Discretionary Portfolio Management Services.
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