Liontrust Asset Management (LON:LIO) Sets New 12-Month Low – Time to Sell?
by Danessa Lincoln · The Markets DailyLiontrust Asset Management PLC (LON:LIO – Get Free Report) shares hit a new 52-week low during trading on Monday . The company traded as low as GBX 248 and last traded at GBX 248, with a volume of 353953 shares traded. The stock had previously closed at GBX 256.
Analyst Ratings Changes
Several equities research analysts have weighed in on LIO shares. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 500 target price on shares of Liontrust Asset Management in a research report on Thursday, November 20th. Berenberg Bank cut their price objective on shares of Liontrust Asset Management from GBX 340 to GBX 320 and set a “hold” rating on the stock in a research report on Thursday, November 20th. Royal Bank Of Canada decreased their target price on shares of Liontrust Asset Management from GBX 270 to GBX 260 and set an “underperform” rating for the company in a research report on Monday, November 24th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Liontrust Asset Management from GBX 290 to GBX 280 and set a “hold” rating on the stock in a research note on Thursday, October 2nd. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 435 price target on shares of Liontrust Asset Management in a report on Thursday, November 20th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 359.
Check Out Our Latest Report on Liontrust Asset Management
Liontrust Asset Management Stock Down 3.1%
The stock has a market cap of £155.21 million, a P/E ratio of 12.39, 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. The stock’s 50-day moving average is GBX 299.91 and its 200-day moving average is GBX 339.40.
Liontrust Asset Management (LON:LIO – Get Free Report) last issued its quarterly earnings results on Thursday, November 20th. The company reported GBX 18.68 earnings per share for the quarter. Liontrust Asset Management had a net margin of 35.21% and a return on equity of 39.68%. As a group, research analysts anticipate that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current fiscal year.
Insider Transactions at Liontrust Asset Management
In other news, insider Luke Savage acquired 5,000 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were bought at an average price of GBX 281 per share, with a total value of £14,050. Insiders own 9.05% of the company’s stock.
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.
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