Liontrust Asset Management (LON:LIO) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Liontrust Asset Management PLC (LON:LIO) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 277.05 and traded as high as GBX 309.50. Liontrust Asset Management shares last traded at GBX 303, with a volume of 155,550 shares.

Analyst Upgrades and Downgrades

LIO has been the topic of a number of recent research reports. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 410 target price on shares of Liontrust Asset Management in a research note on Wednesday, July 22nd. Royal Bank Of Canada boosted their target price on shares of Liontrust Asset Management from GBX 235 to GBX 270 and gave the company an “underperform” rating in a report on Monday, July 6th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Liontrust Asset Management from GBX 190 to GBX 205 and gave the stock a “sell” rating in a research note on Thursday, June 25th. Three analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 364.

Liontrust Asset Management Stock Down 0.2%

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 firm has a 50 day moving average price of GBX 314.76 and a two-hundred day moving average price of GBX 277.05. The company has a market capitalization of £179.00 million, a price-to-earnings ratio of 19.66, a P/E/G ratio of -1.70 and a beta of 1.49.

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

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.