Liontrust Asset Management’s (LIO) Buy Rating Reaffirmed at Berenberg Bank

by · The Markets Daily

Liontrust Asset Management (LON:LIO – Get Free Report)‘s stock had its “buy” rating reissued by analysts at Berenberg Bank in a research note issued on Wednesday, Digital Look reports. They presently have a GBX 390 price target on the stock. Berenberg Bank’s price objective would indicate a potential upside of 37.92% from the stock’s current price.

Other equities research analysts also recently issued reports about the stock. 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. Deutsche Bank Aktiengesellschaft raised shares of Liontrust Asset Management to a “sell” rating and lifted their target price for the stock from GBX 205 to GBX 215 in a research report on Friday, October 2nd. Three analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of GBX 362.

Read Our Latest Stock Analysis on Liontrust Asset Management

Liontrust Asset Management Stock Performance

Shares of LIO stock opened at GBX 282.78 on Wednesday. The company has a debt-to-equity ratio of 2.54, a current ratio of 1.34 and a quick ratio of 1.35. The firm has a 50-day moving average of GBX 296.17 and a 200-day moving average of GBX 295.04. Liontrust Asset Management has a one year low of GBX 223 and a one year high of GBX 358. The company has a market cap of £174.96 million, a P/E ratio of 18.37, a P/E/G ratio of -1.70 and a beta of 1.47.

Insiders Place Their Bets

In other Liontrust Asset Management news, insider Vinay Kumar Abrol acquired 10,000 shares of the business’s stock in a transaction on Wednesday, September 30th. The shares were acquired at an average price of GBX 285 per share, with a total value of £28,500. Corporate insiders own 9.52% of the company’s stock.

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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