Liontrust Asset Management’s (LIO) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Liontrust Asset Management (LON:LIO) in a research report report published on Wednesday morning,Digital Look reports. Berenberg Bank currently has a GBX 410 target price on the stock.

Other research analysts also recently issued reports about the company. Royal Bank Of Canada upped their target price on Liontrust Asset Management from GBX 235 to GBX 270 and gave the stock an “underperform” rating in a research note on Monday, July 6th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Liontrust Asset Management from GBX 190 to GBX 205 and gave the company a “sell” rating in a research note on Thursday, June 25th. Three analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Liontrust Asset Management currently has a consensus rating of “Hold” and a consensus price target of GBX 364.

Liontrust Asset Management Price Performance

Shares of Liontrust Asset Management stock opened at GBX 294 on Wednesday. The firm has a market cap of £173.97 million, a PE ratio of 19.10, a P/E/G ratio of -1.70 and a beta of 1.49. Liontrust Asset Management has a twelve month low of GBX 221.88 and a twelve month high of GBX 385. The company has a quick ratio of 1.35, a current ratio of 1.34 and a debt-to-equity ratio of 2.54. The business has a 50-day moving average price of GBX 313.27 and a 200 day moving average price of GBX 274.23.

Liontrust Asset Management (LON:LIO) last issued its quarterly earnings results on Wednesday, June 24th. The company reported GBX 15.40 earnings per share (EPS) for the quarter. Liontrust Asset Management had a return on equity of 8.74% and a net margin of 7.14%.The company had revenue of £134.38 million for the quarter. Sell-side analysts predict that Liontrust Asset Management will post 69.828816 earnings per share for the current fiscal year.

Insider Activity at Liontrust Asset Management

In other news, insider Vinay Kumar Abrol purchased 2,043 shares of the stock in a transaction dated Tuesday, May 5th. The shares were purchased at an average cost of GBX 264 per share, with a total value of £5,393.52. Also, insider John Stephen Ions purchased 2,043 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The shares were purchased 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 valued at $66,043,809. 9.64% of the stock is owned by company 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.