Liontrust Asset Management (LON:LIO) Price Target Cut to GBX 300 by Analysts at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank Aktiengesellschaft has reduced its price target for Liontrust Asset Management from GBX 350 ($4.62) to GBX 300 ($3.96), indicating a potential downside of 14.16% from the current stock price.
• Concurrent with this downgrade, other analysts including Royal Bank of Canada have issued an "underperform" rating with a target of GBX 310 ($4.10).
• Liontrust Asset Management's stock is currently down 2.0%, with a market capitalization of £220.70 million and a reported earnings per share of GBX 55.56 ($0.73) for the last quarter.

Liontrust Asset Management (LON:LIO - Free Report) had its price target trimmed by Deutsche Bank Aktiengesellschaft from GBX 350 ($4.65) to GBX 300 ($3.99) in a report released on Friday morning, Marketbeat Ratings reports. The brokerage currently has a hold rating on the stock.

A number of other research firms also recently issued reports on LIO. Royal Bank Of Canada reissued an "underperform" rating and set a GBX 310 ($4.12) target price on shares of Liontrust Asset Management in a research report on Monday, July 14th. Berenberg Bank restated a "hold" rating and issued a GBX 365 ($4.85) price target on shares of Liontrust Asset Management in a report on Thursday, July 10th.

Liontrust Asset Management Trading Up 0.4%

LIO traded up GBX 1.50 ($0.02) on Friday, reaching GBX 352.50 ($4.69). 436,780 shares of the company's stock were exchanged, compared to its average volume of 433,420. The company's 50 day moving average is GBX 377.69 and its 200-day moving average is GBX 384.05. The company has a market cap of £222.59 million, a price-to-earnings ratio of 3.23, a PEG ratio of -1.70 and a beta of 1.33. Liontrust Asset Management has a twelve month low of GBX 301.50 ($4.01) and a twelve month high of GBX 669 ($8.89). The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.35 and a current ratio of 1.42.

Liontrust Asset Management (LON:LIO - Get Free Report) last posted its earnings results on Wednesday, June 25th. The company reported GBX 55.56 ($0.74) earnings per share (EPS) for the quarter. Liontrust Asset Management had a net margin of 35.21% and a return on equity of 39.68%. Equities analysts predict that Liontrust Asset Management will post 69.828816 earnings per share 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.