Liontrust Asset Management PLC (LON:LIO – Get Free Report)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 289.05 and traded as low as GBX 275. Liontrust Asset Management shares last traded at GBX 286.50, with a volume of 162,968 shares trading hands.
Analysts Set New Price Targets
LIO has been the topic of several analyst reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 410 price objective on shares of Liontrust Asset Management in a report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft raised their price target on Liontrust Asset Management from GBX 190 to GBX 205 and gave the stock a “sell” rating in a research report on Thursday, June 25th. Finally, Royal Bank Of Canada boosted their price objective on Liontrust Asset Management from GBX 235 to GBX 270 and gave the company an “underperform” rating in a research report on Monday, July 6th. Three research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of GBX 364.
Check Out Our Latest Research Report on LIO
Liontrust Asset Management Trading Down 0.9%
Liontrust Asset Management (LON:LIO – Get Free Report) last released its quarterly earnings results on Wednesday, June 24th. The company reported GBX 15.40 EPS for the quarter. The business had revenue of £134.38 million during the quarter. Liontrust Asset Management had a return on equity of 8.74% and a net margin of 7.14%. As a group, equities research analysts expect that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current fiscal year.
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.
Further Reading
- Five stocks we like better than Liontrust Asset Management
- Lennar’s Earnings Miss May Be Sending a Bigger Warning About U.S. Housing
- Priced for a Pullback or More Gains? These 3 Stocks Are Testing the Limits
- These 3 Agentic AI Stocks Have More Than Hype Behind Their Growth Stories
- Not Just Banks: 3 Trading Stocks to Watch After the Fed Rate Hike
Receive News & Ratings for Liontrust Asset Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liontrust Asset Management and related companies with MarketBeat.com's FREE daily email newsletter.
