Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Liontrust Asset Management (LON:LIO) Stock

Liontrust Asset Management (LON:LIO) had its price target lifted by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 175 to GBX 180 in a report issued on Wednesday,London Stock Exchange reports. The firm presently has a “sell” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential downside of 31.69% from the company’s current price.

Other equities research analysts have also issued research reports about the company. Royal Bank Of Canada dropped their target price on Liontrust Asset Management from GBX 260 to GBX 220 and set an “underperform” rating on the stock in a research report on Thursday. Panmure Gordon reiterated a “buy” rating and issued a GBX 500 price objective on shares of Liontrust Asset Management in a report on Thursday, November 20th. Peel Hunt reissued a “buy” rating and issued a GBX 435 price objective on shares of Liontrust Asset Management in a research report on Thursday, November 20th. Finally, Berenberg Bank decreased their target price on shares of Liontrust Asset Management from GBX 340 to GBX 320 and set a “hold” rating for the company in a research report on Thursday, November 20th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of GBX 331.

Liontrust Asset Management Stock Up 4.2%

Shares of LON:LIO traded up GBX 10.50 during midday trading on Wednesday, reaching GBX 263.50. 421,078 shares of the company were exchanged, compared to its average volume of 603,335. The firm has a market cap of £164.53 million, a PE ratio of 13.16, a P/E/G ratio of -1.70 and a beta of 1.33. Liontrust Asset Management has a fifty-two week low of GBX 221.88 and a fifty-two week high of GBX 471.50. The stock has a fifty day simple moving average of GBX 266.01 and a two-hundred day simple moving average of GBX 314.67. The company has a quick ratio of 1.35, a current ratio of 1.42 and a debt-to-equity ratio of 1.48.

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

Insider Transactions at Liontrust Asset Management

In other news, insider Vinay Kumar Abrol bought 774 shares of the company’s stock in a transaction dated 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 Luke Savage bought 5,000 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The stock was purchased at an average price of GBX 281 per share, with a total value of £14,050. Insiders have bought 6,548 shares of company stock worth $1,778,068 in the last ninety days. Insiders own 9.05% 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.