Liontrust Asset Management (LON:LIO) Price Target Raised to GBX 205 at Deutsche Bank Aktiengesellschaft

Liontrust Asset Management (LON:LIO) had its target price lifted by analysts at Deutsche Bank Aktiengesellschaft from GBX 190 to GBX 205 in a research report issued on Thursday,Digital Look reports. The brokerage presently has a “sell” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price suggests a potential downside of 39.08% from the stock’s previous close.

Several other analysts have also commented on the stock. Royal Bank Of Canada lowered their price objective on shares of Liontrust Asset Management from GBX 240 to GBX 235 and set an “underperform” rating on the stock in a research report on Wednesday, April 8th. Berenberg Bank raised their target price on Liontrust Asset Management from GBX 270 to GBX 410 and gave the stock a “buy” rating in a research report on Wednesday. Three investment analysts have rated the stock with a Buy rating and two have issued a Sell rating to the stock. According to MarketBeat, Liontrust Asset Management currently has a consensus rating of “Hold” and an average price target of GBX 357.

Liontrust Asset Management Stock Up 1.7%

LIO stock opened at GBX 336.50 on Thursday. The stock has a market cap of £201.19 million, a P/E ratio of 16.81, a P/E/G ratio of -1.70 and a beta of 1.45. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.76. The stock’s fifty day simple moving average is GBX 284.87 and its two-hundred day simple moving average is GBX 263.33. Liontrust Asset Management has a 1-year low of GBX 221.88 and a 1-year high of GBX 419.50.

Liontrust Asset Management (LON:LIO) last announced its earnings results on Wednesday, June 24th. The company reported GBX 15.40 earnings per share (EPS) for the quarter. The firm had revenue of £134.38 million during the quarter. Liontrust Asset Management had a return on equity of 10.12% and a net margin of 8.31%. Analysts expect that Liontrust Asset Management will post 69.828816 EPS for the current year.

Insiders Place Their Bets

In related news, insider John Stephen Ions sold 215,041 shares of the company’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of GBX 267, for a total value of £574,159.47. Also, insider Vinay Kumar Abrol bought 2,043 shares of Liontrust Asset Management stock in a transaction that occurred 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. Insiders bought a total of 247,401 shares of company stock worth $66,043,809 in the last three months. 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.