Liontrust Asset Management’s (LIO) “Underperform” Rating Reaffirmed at Royal Bank Of Canada

Royal Bank Of Canada restated their underperform rating on shares of Liontrust Asset Management (LON:LIO) in a report published on Friday morning, Marketbeat Ratings reports. Royal Bank Of Canada currently has a GBX 310 price objective on the stock.

Several other analysts also recently weighed in on the stock. Berenberg Bank reissued a “hold” rating and set a GBX 365 target price on shares of Liontrust Asset Management in a research report on Thursday, July 10th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Liontrust Asset Management from GBX 290 to GBX 280 and set a “hold” rating on the stock in a report on Thursday. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Reduce” and an average price target of GBX 318.33.

Liontrust Asset Management Stock Performance

LIO opened at GBX 330.50 on Friday. Liontrust Asset Management has a 52-week low of GBX 221.88 and a 52-week high of GBX 555. The company has a quick ratio of 1.35, a current ratio of 1.42 and a debt-to-equity ratio of 1.48. The company has a market cap of £207.37 million, a P/E ratio of 1,261.45, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33. The firm’s 50-day moving average price is GBX 340.67 and its 200-day moving average price is GBX 357.92.

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.