Liontrust Asset Management (LON:LIO) Announces Quarterly Earnings Results

Liontrust Asset Management (LON:LIO) released its quarterly earnings results on Thursday. The company reported GBX 18.68 earnings per share for the quarter, Digital Look Earnings reports. Liontrust Asset Management had a return on equity of 39.68% and a net margin of 35.21%.

Liontrust Asset Management Trading Up 3.9%

Shares of LON LIO traded up GBX 10.92 during trading on Thursday, hitting GBX 293.92. 951,762 shares of the company traded hands, compared to its average volume of 468,743. The firm has a market capitalization of £184.42 million, a P/E ratio of 11.22, a P/E/G ratio of -1.70 and a beta of 1.33. The company has a quick ratio of 1.35, a current ratio of 1.42 and a debt-to-equity ratio of 1.48. The company has a 50-day moving average price of GBX 311.96 and a 200-day moving average price of GBX 348.16. Liontrust Asset Management has a 1 year low of GBX 221.88 and a 1 year high of GBX 508.

Analysts Set New Price Targets

LIO has been the subject of a number of recent research reports. Berenberg Bank dropped their price objective on Liontrust Asset Management from GBX 365 to GBX 340 and set a “hold” rating for the company in a research report on Tuesday, October 7th. Royal Bank Of Canada reaffirmed an “underperform” rating and set a GBX 310 price target on shares of Liontrust Asset Management in a research note on Friday, October 3rd. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Liontrust Asset Management from GBX 290 to GBX 280 and set a “hold” rating for the company in a report on Thursday, October 2nd. Finally, Peel Hunt reissued a “buy” rating and set a GBX 435 price objective on shares of Liontrust Asset Management in a research note on Tuesday, October 7th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Liontrust Asset Management presently has an average rating of “Hold” and an average price target of GBX 341.25.

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.