Royal Bank Of Canada Forecasts Strong Price Appreciation for Liontrust Asset Management (LON:LIO) Stock

Liontrust Asset Management (LON:LIO) had its price objective hoisted by equities researchers at Royal Bank Of Canada from GBX 220 to GBX 240 in a research report issued on Wednesday,London Stock Exchange reports. The firm currently has an “underperform” rating on the stock. Royal Bank Of Canada’s price objective would suggest a potential downside of 6.98% from the stock’s current price.

LIO has been the subject of a number of other research reports. Peel Hunt reaffirmed a “buy” rating and set a GBX 435 price target on shares of Liontrust Asset Management in a research report on Thursday, November 20th. Berenberg Bank reduced their target price on Liontrust Asset Management from GBX 340 to GBX 320 and set a “hold” rating on the stock in a research note on Thursday, November 20th. Deutsche Bank Aktiengesellschaft decreased their target price on Liontrust Asset Management from GBX 180 to GBX 175 and set a “sell” rating for the company in a report on Monday, February 2nd. Finally, Panmure Gordon reiterated a “buy” rating and issued a GBX 500 price target on shares of Liontrust Asset Management in a report on Thursday, November 20th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of GBX 332.

Liontrust Asset Management Trading Down 0.4%

Liontrust Asset Management stock traded down GBX 1 during mid-day trading on Wednesday, hitting GBX 258. The company’s stock had a trading volume of 279,015 shares, compared to its average volume of 394,265. 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 stock has a market cap of £157.91 million, a price-to-earnings ratio of 12.89, a price-to-earnings-growth ratio of -1.70 and a beta of 1.50. The business has a 50 day moving average price of GBX 249.34 and a 200-day moving average price of GBX 278.15. Liontrust Asset Management has a 12 month low of GBX 221.88 and a 12 month high of GBX 419.50.

Insider Buying and Selling at Liontrust Asset Management

In other news, insider Vinay Kumar Abrol acquired 774 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The shares were bought at an average cost of GBX 241 per share, with a total value of £1,865.34. Also, insider John Stephen Ions bought 774 shares of the firm’s stock in a transaction on Wednesday, January 7th. The stock was purchased at an average cost of GBX 241 per share, with a total value of £1,865.34. 9.27% of the stock is owned by company 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.