Liontrust Asset Management (LON:LIO) Stock Price Crosses Below 200-Day Moving Average – What’s Next?

Liontrust Asset Management PLC (LON:LIO) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 351.75 and traded as low as GBX 309.98. Liontrust Asset Management shares last traded at GBX 312, with a volume of 2,536,771 shares trading hands.

Analyst Ratings Changes

Several research firms recently commented on LIO. Deutsche Bank Aktiengesellschaft cut 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 research report on Thursday, October 2nd. Peel Hunt reissued a “buy” rating and set a GBX 435 price target on shares of Liontrust Asset Management in a research report on Tuesday, October 7th. Berenberg Bank cut their price target on shares of Liontrust Asset Management from GBX 365 to GBX 340 and set a “hold” rating on the stock in a research report on Tuesday, October 7th. Finally, Royal Bank Of Canada reissued an “underperform” rating and set a GBX 310 price target on shares of Liontrust Asset Management in a research report on Friday, October 3rd. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of GBX 341.25.

Liontrust Asset Management Stock Performance

The stock’s 50-day simple moving average is GBX 324.59 and its 200-day simple moving average is GBX 351.75. The stock has a market cap of £195.45 million, a price-to-earnings ratio of 11.89, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33. The company has a current ratio of 1.42, a quick ratio of 1.35 and a debt-to-equity ratio of 1.48.

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.