Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Liontrust Asset Management (LON:LIO) Stock

Liontrust Asset Management (LON:LIO) had its target price upped by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 190 to GBX 205 in a research note issued on Thursday,Digital Look reports. The brokerage presently has a “sell” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential downside of 39.08% from the company’s previous close.

Several other equities analysts have also weighed in on the stock. Royal Bank Of Canada dropped their price objective on shares of Liontrust Asset Management from GBX 240 to GBX 235 and set an “underperform” rating on the stock in a report on Wednesday, April 8th. Berenberg Bank boosted their target price on Liontrust Asset Management from GBX 270 to GBX 410 and gave the company a “buy” rating in a research report on Wednesday. Three investment analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Liontrust Asset Management presently has an average rating of “Hold” and a consensus target price of GBX 357.

Liontrust Asset Management Stock Up 1.7%

LON LIO opened at GBX 336.50 on Thursday. The stock has a market capitalization of £201.19 million, a PE ratio of 16.81, a PEG ratio of -1.70 and a beta of 1.45. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.35 and a quick ratio of 1.35. The business has a fifty day moving average price of GBX 284.87 and a two-hundred day moving average price of GBX 263.33. Liontrust Asset Management has a fifty-two week low of GBX 221.88 and a fifty-two week high of GBX 419.50.

Liontrust Asset Management (LON:LIO) last posted its quarterly earnings data on Wednesday, June 24th. The company reported GBX 15.40 earnings per share for the quarter. The business had revenue of £134.38 million during the quarter. Liontrust Asset Management had a return on equity of 10.12% and a net margin of 8.31%. Equities analysts expect that Liontrust Asset Management will post 69.828816 earnings per share for the current fiscal year.

Insider Activity at Liontrust Asset Management

In related news, insider Vinay Kumar Abrol bought 2,043 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The shares were bought at an average price of GBX 264 per share, with a total value of £5,393.52. Also, insider John Stephen Ions sold 215,041 shares of the company’s stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of GBX 267, for a total value of £574,159.47. In the last ninety days, insiders have purchased 247,401 shares of company stock worth $66,043,809. 9.49% of the stock is owned by insiders.

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.