Royal Bank Of Canada Cuts Liontrust Asset Management (LON:LIO) Price Target to GBX 235
by Sarita Garza · The Markets DailyLiontrust Asset Management (LON:LIO – Free Report) had its price target lowered by Royal Bank Of Canada from GBX 240 to GBX 235 in a report released on Wednesday morning, Marketbeat reports. The brokerage currently has an underperform rating on the stock.
Separately, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Liontrust Asset Management from GBX 200 to GBX 165 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of GBX 331.
Check Out Our Latest Analysis on Liontrust Asset Management
Liontrust Asset Management Price Performance
LIO stock opened at GBX 248 on Wednesday. The stock has a market capitalization of £150.50 million, a PE ratio of 12.39, a price-to-earnings-growth ratio of -1.70 and a beta of 1.50. The company’s 50-day moving average is GBX 249.03 and its 200-day moving average is GBX 270.55. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.35 and a quick ratio of 1.35. Liontrust Asset Management has a 1 year low of GBX 221.88 and a 1 year high of GBX 419.50.
About Liontrust Asset Management
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.