Liontrust Asset Management (LON:LIO) Price Target Lowered to GBX 220 at Royal Bank Of Canada

Liontrust Asset Management (LON:LIO) had its price objective reduced by investment analysts at Royal Bank Of Canada from GBX 260 to GBX 220 in a note issued to investors on Thursday,London Stock Exchange reports. The firm currently has an “underperform” rating on the stock. Royal Bank Of Canada’s price objective points to a potential downside of 16.51% from the stock’s previous close.

Other analysts have also recently issued research reports about the company. Peel Hunt restated a “buy” rating and issued a GBX 435 price target on shares of Liontrust Asset Management in a research report on Thursday, November 20th. Panmure Gordon restated a “buy” rating and set a GBX 500 target price on shares of Liontrust Asset Management in a research report on Thursday, November 20th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Liontrust Asset Management from GBX 290 to GBX 280 and set a “hold” rating for the company in a research note on Thursday, October 2nd. Finally, Berenberg Bank dropped their price objective on Liontrust Asset Management from GBX 340 to GBX 320 and set a “hold” rating for the company in a report on Thursday, November 20th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of GBX 331.

Liontrust Asset Management Stock Up 4.2%

Shares of LIO traded up GBX 10.50 on Thursday, reaching GBX 263.50. The stock had a trading volume of 421,078 shares, compared to its average volume of 603,335. Liontrust Asset Management has a 12-month low of GBX 221.88 and a 12-month high of GBX 471.50. The firm has a market capitalization of £164.53 million, a price-to-earnings ratio of 13.16, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33. The company has a 50-day simple moving average of GBX 266.01 and a 200-day simple moving average of GBX 314.67. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.35 and a current ratio of 1.42.

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%. Sell-side analysts predict that Liontrust Asset Management will post 69.828816 EPS for the current year.

Insider Buying and Selling at Liontrust Asset Management

In other news, insider Luke Savage purchased 5,000 shares of the stock in a transaction dated Friday, November 21st. The shares were acquired at an average cost of GBX 281 per share, for a total transaction of £14,050. Also, insider John Stephen Ions acquired 774 shares of the business’s stock in a transaction dated Wednesday, January 7th. The stock was purchased at an average cost of GBX 241 per share, for a total transaction of £1,865.34. Over the last ninety days, insiders bought 6,548 shares of company stock valued at $1,778,068. 9.05% of the stock is currently owned by 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. Liontrust Asset Management Plc was founded in 1994 and is based in London, United Kingdom.