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

Liontrust Asset Management (LON:LIO) had its target price reduced by Berenberg Bank from GBX 410 to GBX 360 in a report released on Monday morning,Digital Look reports. They currently have a buy rating on the stock.

Several other analysts have also commented on the company. Deutsche Bank Aktiengesellschaft increased their price objective on Liontrust Asset Management from GBX 190 to GBX 205 and gave the company a “sell” rating in a report on Thursday, June 25th. Royal Bank Of Canada upped their target price on Liontrust Asset Management from GBX 235 to GBX 270 and gave the company an “underperform” rating in a research report on Monday, July 6th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of GBX 354.

Liontrust Asset Management Trading Down 0.8%

LON:LIO opened at GBX 263 on Monday. Liontrust Asset Management has a 52 week low of GBX 223 and a 52 week high of GBX 358. The firm has a 50 day moving average of GBX 301.72 and a 200 day moving average of GBX 289.38. The company has a quick ratio of 1.35, a current ratio of 1.34 and a debt-to-equity ratio of 2.54. The stock has a market capitalization of £162.72 million, a price-to-earnings ratio of 17.09, a PEG ratio of -1.70 and a beta of 1.47.

Liontrust Asset Management (LON:LIO) last released its quarterly earnings results on Wednesday, June 24th. The company reported GBX 15.40 earnings per share (EPS) for the quarter. The business had revenue of £134.38 million for the quarter. Liontrust Asset Management had a net margin of 7.14% and a return on equity of 8.74%. As a group, sell-side analysts anticipate that Liontrust Asset Management will post 69.828816 earnings per share for the current fiscal year.

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.