Liontrust Asset Management (LON:LIO) Price Target Lowered to GBX 360 at Berenberg Bank

Liontrust Asset Management (LON:LIO) had its target price trimmed by Berenberg Bank from GBX 410 to GBX 360 in a report published on Monday morning,Digital Look reports. The brokerage currently has a buy rating on the stock.

Several other analysts have also issued reports on LIO. Deutsche Bank Aktiengesellschaft upped their price objective on Liontrust Asset Management from GBX 190 to GBX 205 and gave the company a “sell” rating in a research note on Thursday, June 25th. Royal Bank Of Canada lifted their target price on Liontrust Asset Management from GBX 235 to GBX 270 and gave the stock an “underperform” rating in a research note on Monday, July 6th. Three research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of GBX 354.

Liontrust Asset Management Stock Performance

Shares of LIO stock opened at GBX 273 on Monday. The company has a fifty day moving average price of GBX 304.59 and a two-hundred day moving average price of GBX 289.26. Liontrust Asset Management has a one year low of GBX 223 and a one year high of GBX 358. The stock has a market cap of £168.91 million, a P/E ratio of 17.74, a P/E/G ratio of -1.70 and a beta of 1.47. The company has a debt-to-equity ratio of 2.54, a current ratio of 1.34 and a quick ratio of 1.35.

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

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.