Royal Bank Of Canada Issues Positive Forecast for Liontrust Asset Management (LON:LIO) Stock Price

Liontrust Asset Management (LON:LIOFree Report) had its target price increased by Royal Bank Of Canada from GBX 235 to GBX 270 in a research note released on Monday,Digital Look reports. They currently have an underperform rating on the stock.

A number of other research firms have also issued reports on LIO. Berenberg Bank upped their target price on shares of Liontrust Asset Management from GBX 270 to GBX 410 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Liontrust Asset Management from GBX 190 to GBX 205 and gave the company a “sell” rating in a report on Thursday, June 25th. Three research analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. According to MarketBeat.com, Liontrust Asset Management has a consensus rating of “Hold” and an average target price of GBX 364.

View Our Latest Stock Report on LIO

Liontrust Asset Management Stock Performance

LIO opened at GBX 337.50 on Monday. Liontrust Asset Management has a 52-week low of GBX 221.88 and a 52-week high of GBX 398. The company has a quick ratio of 1.35, a current ratio of 1.34 and a debt-to-equity ratio of 1.82. The firm’s fifty day simple moving average is GBX 297.03 and its two-hundred day simple moving average is GBX 268.33. The company has a market cap of £201.78 million, a price-to-earnings ratio of 21.93, a PEG ratio of -1.70 and a beta of 1.49.

Liontrust Asset Management (LON:LIOGet Free Report) last posted its quarterly earnings data on Wednesday, June 24th. The company reported GBX 15.40 earnings per share (EPS) for the quarter. The company had revenue of £134.38 million for the quarter. Liontrust Asset Management had a return on equity of 8.74% and a net margin of 7.14%. Equities analysts anticipate that Liontrust Asset Management will post 69.828816 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Vinay Kumar Abrol bought 2,043 shares of the business’s stock in a transaction on Tuesday, May 5th. The shares were bought at an average price of GBX 264 per share, with a total value of £5,393.52. Also, insider John Stephen Ions purchased 2,043 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were purchased at an average price 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 over the last three months. Insiders own 9.49% of the company’s stock.

Liontrust Asset Management Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Liontrust Asset Management (LON:LIO)

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