Berenberg Bank Lowers Liontrust Asset Management (LON:LIO) Price Target to GBX 340

Key Points

• Berenberg Bank has lowered its price target for Liontrust Asset Management from GBX 365 to GBX 340, maintaining a "hold" rating, suggesting an 8.20% upside from the current stock price.
• Multiple analysts have adjusted their ratings on Liontrust, with Deutsche Bank lowering its target to GBX 280, while Peel Hunt maintains a "buy" rating with a target of GBX 435.
• The company's stock has seen significant fluctuations, trading at GBX 314.22 recently, with a 12-month range between GBX 221.88 and GBX 536.

Liontrust Asset Management (LON:LIO - Get Free Report) had its price objective decreased by research analysts at Berenberg Bank from GBX 365 to GBX 340 in a research note issued to investors on Tuesday,London Stock Exchange reports. The firm currently has a "hold" rating on the stock. Berenberg Bank's price target indicates a potential upside of 8.20% from the stock's previous close.

Other analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Liontrust Asset Management from GBX 290 to GBX 280 and set a "hold" rating on the stock in a research note on Thursday, October 2nd. Royal Bank Of Canada reissued an "underperform" rating and issued a GBX 310 price objective on shares of Liontrust Asset Management in a report on Friday. Finally, Peel Hunt reaffirmed a "buy" rating and set a GBX 435 target price on shares of Liontrust Asset Management in a report on Tuesday. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of GBX 341.25.

Liontrust Asset Management Stock Performance

Shares of Liontrust Asset Management stock traded down GBX 13.78 on Tuesday, reaching GBX 314.22. 591,060 shares of the stock were exchanged, compared to its average volume of 488,777. Liontrust Asset Management has a twelve month low of GBX 221.88 and a twelve month high of GBX 536. The business has a 50 day moving average price of GBX 339.87 and a two-hundred day moving average price of GBX 357.41. 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 firm has a market capitalization of £197.15 million, a price-to-earnings ratio of 1,199.31, a PEG ratio of -1.70 and a beta of 1.33.

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.

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