Berenberg Bank Lowers Liontrust Asset Management (LON:LIO) Price Target to GBX 360

Liontrust Asset Management (LON:LIO – Get Free Report) had its target price reduced by investment analysts at Berenberg Bank from GBX 410 to GBX 360 in a research report issued on Monday, Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price objective would indicate a potential upside of 35.85% from the company’s previous close.

LIO has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft raised their price target on shares of Liontrust Asset Management from GBX 190 to GBX 205 and gave the company a “sell” rating in a research note on Thursday, June 25th. Royal Bank Of Canada upped their price objective on shares of Liontrust Asset Management from GBX 235 to GBX 270 and gave the stock an “underperform” rating in a research report on Monday, July 6th. Three analysts have rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of GBX 354.

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Liontrust Asset Management Trading Down 2.9%

Shares of LIO opened at GBX 265 on Monday. The company has a debt-to-equity ratio of 2.54, a quick ratio of 1.35 and a current ratio of 1.34. Liontrust Asset Management has a 52-week low of GBX 223 and a 52-week high of GBX 358. The firm has a market cap of £163.96 million, a price-to-earnings ratio of 17.22, a PEG ratio of -1.70 and a beta of 1.47. The business’s fifty day moving average is GBX 303.22 and its 200-day moving average is GBX 289.35.

Liontrust Asset Management (LON:LIO – Get Free Report) last released its earnings results on Wednesday, June 24th. The company reported GBX 15.40 earnings per share (EPS) for the quarter. The firm 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 EPS for the current fiscal year.

About Liontrust Asset Management

(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.

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