Liontrust Asset Management (LON:LIO) Sets New 12-Month Low – What’s Next?

Shares of Liontrust Asset Management PLC (LON:LIO) reached a new 52-week low on Tuesday . The company traded as low as GBX 245.50 and last traded at GBX 246.50, with a volume of 1528187 shares traded. The stock had previously closed at GBX 267.

Analyst Upgrades and Downgrades

LIO has been the subject of a number of recent analyst reports. Peel Hunt reissued a “buy” rating and set a GBX 435 target price on shares of Liontrust Asset Management in a research note on Thursday, November 20th. Berenberg Bank decreased their price objective on shares of Liontrust Asset Management from GBX 340 to GBX 320 and set a “hold” rating for the company in a report on Thursday, November 20th. Panmure Gordon restated a “buy” rating and issued a GBX 500 target price on shares of Liontrust Asset Management in a research note on Thursday, November 20th. Royal Bank Of Canada reduced their target price on shares of Liontrust Asset Management from GBX 270 to GBX 260 and set an “underperform” rating on the stock in a research report on Monday, November 24th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on Liontrust Asset Management from GBX 290 to GBX 280 and set a “hold” rating for the company in a report on Thursday, October 2nd. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of GBX 359.

Liontrust Asset Management Stock Performance

The company has a debt-to-equity ratio of 1.48, a current ratio of 1.42 and a quick ratio of 1.35. The company has a market cap of £147.98 million, a PE ratio of 11.84, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33. The business has a fifty day simple moving average of GBX 270.49 and a two-hundred day simple moving average of GBX 319.12.

Liontrust Asset Management (LON:LIO) last released its quarterly earnings results on Thursday, November 20th. The company reported GBX 18.68 EPS for the quarter. Liontrust Asset Management had a return on equity of 39.68% and a net margin of 35.21%. Research analysts anticipate that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider John Stephen Ions purchased 774 shares of the firm’s stock in a transaction on Wednesday, January 7th. The stock was acquired at an average cost of GBX 241 per share, with a total value of £1,865.34. Also, insider Vinay Kumar Abrol purchased 774 shares of the stock in a transaction dated Wednesday, January 7th. The stock was purchased at an average price of GBX 241 per share, for a total transaction of £1,865.34. Over the last ninety days, insiders bought 6,548 shares of company stock worth $1,778,068. 9.05% 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.