Liontrust Asset Management’s (LIO) “Buy” Rating Reiterated at Berenberg Bank

Liontrust Asset Management (LON:LIO)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a research report issued to clients and investors on Wednesday,Digital Look reports. They currently have a GBX 410 price target on the stock. Berenberg Bank’s price target would suggest a potential upside of 27.73% from the company’s previous close.

Several other equities research analysts have also recently weighed in on LIO. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Liontrust Asset Management from GBX 190 to GBX 205 and gave the stock a “sell” rating in a research report on Thursday, June 25th. 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 research report on Monday, July 6th. Three research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of GBX 364.

Liontrust Asset Management Stock Down 3.6%

LON LIO opened at GBX 321 on Wednesday. The company has a 50 day moving average of GBX 311.80 and a 200-day moving average of GBX 273.49. The company has a market cap of £189.95 million, a price-to-earnings ratio of 20.86, a PEG ratio of -1.70 and a beta of 1.49. The company has a current ratio of 1.34, a quick ratio of 1.35 and a debt-to-equity ratio of 2.54. Liontrust Asset Management has a 1-year low of GBX 221.88 and a 1-year high of GBX 385.

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

Insider Buying and Selling at Liontrust Asset Management

In other Liontrust Asset Management news, insider Vinay Kumar Abrol acquired 2,043 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was acquired at an average cost of GBX 264 per share, for a total transaction of £5,393.52. Also, insider John Stephen Ions sold 215,041 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of GBX 267, for a total value of £574,159.47. In the last quarter, insiders bought 247,401 shares of company stock worth $66,043,809. Corporate insiders own 9.64% of the company’s stock.

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.