Deutsche Bank Aktiengesellschaft Cuts Liontrust Asset Management (LON:LIO) Price Target to GBX 165

Liontrust Asset Management (LON:LIO) had its target price cut by Deutsche Bank Aktiengesellschaft from GBX 200 to GBX 165 in a research note released on Wednesday, Marketbeat Ratings reports. They currently have a buy rating on the stock.

Several other brokerages have also recently weighed in on LIO. Royal Bank Of Canada upped their target price on Liontrust Asset Management from GBX 220 to GBX 240 and gave the stock an “underperform” rating in a report on Wednesday. Panmure Gordon restated a “buy” rating and issued a GBX 500 price objective on shares of Liontrust Asset Management in a report on Thursday, November 20th. Berenberg Bank lowered their price objective on shares of Liontrust Asset Management from GBX 340 to GBX 320 and set a “hold” rating for the company in a research note on Thursday, November 20th. Finally, Peel Hunt reiterated a “buy” rating and set a GBX 435 target price on shares of Liontrust Asset Management in a report on Thursday, November 20th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of GBX 332.

Liontrust Asset Management Trading Down 1.8%

LIO opened at GBX 242.50 on Wednesday. The stock’s fifty day moving average is GBX 250.04 and its two-hundred day moving average is GBX 277.14. The company has a market capitalization of £148.42 million, a P/E ratio of 12.11, a PEG ratio of -1.70 and a beta of 1.50. Liontrust Asset Management has a 52 week low of GBX 221.88 and a 52 week high of GBX 419.50. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.76.

Insider Transactions at Liontrust Asset Management

In other news, insider John Stephen Ions purchased 774 shares of the stock in a transaction dated Wednesday, January 7th. The shares were acquired at an average cost of GBX 241 per share, for a total transaction of £1,865.34. Also, insider Vinay Kumar Abrol 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. Insiders own 9.27% 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.