Liontrust Asset Management (LON:LIO) Earns Buy Rating from Berenberg Bank

Liontrust Asset Management (LON:LIO)‘s stock had its “buy” rating reissued by equities research analysts at Berenberg Bank in a research report issued to clients and investors on Wednesday, Digital Look reports. They presently have a GBX 390 target price on the stock. Berenberg Bank‘s price objective suggests a potential upside of 41.05% from the company’s previous close.

A number of other analysts also recently issued reports on the company. Royal Bank Of Canada lifted their price target on Liontrust Asset Management from GBX 235 to GBX 270 and gave the stock an “underperform” rating in a report on Monday, July 6th. Deutsche Bank Aktiengesellschaft raised shares of Liontrust Asset Management to a “sell” rating and increased their target price for the stock from GBX 205 to GBX 215 in a research report on Friday, October 2nd. Three investment analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of GBX 362.

Liontrust Asset Management Stock Performance

Shares of Liontrust Asset Management stock opened at GBX 276.50 on Wednesday. The business’s 50 day moving average price is GBX 293.99 and its 200 day moving average price is GBX 295.35. Liontrust Asset Management has a one year low of GBX 223 and a one year high of GBX 358. The company has a debt-to-equity ratio of 2.54, a quick ratio of 1.35 and a current ratio of 1.34. The company has a market cap of £171.07 million, a price-to-earnings ratio of 17.97, a PEG ratio of -1.70 and a beta of 1.47.

Insider Buying and Selling at Liontrust Asset Management

In other news, insider Vinay Kumar Abrol bought 10,000 shares of the business’s stock in a transaction on Wednesday, September 30th. The stock was purchased at an average price of GBX 285 per share, with a total value of £28,500. 9.52% of the stock is owned by corporate insiders.

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.