Deutsche Bank Aktiengesellschaft Cuts Liontrust Asset Management (LON:LIO) Price Target to GBX 300

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 - Get Free Report) had its target price decreased by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 350 ($4.62) to GBX 300 ($3.96) in a research report issued on Friday,Digital Look reports. The brokerage presently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's price target points to a potential downside of 14.16% from the stock's current price.

A number of other research firms have also recently commented on LIO. Royal Bank Of Canada reissued an "underperform" rating and issued a GBX 310 ($4.10) price target on shares of Liontrust Asset Management in a research note on Monday, July 14th. Berenberg Bank restated a "hold" rating and issued a GBX 365 ($4.82) price objective on shares of Liontrust Asset Management in a report on Thursday, July 10th.

Liontrust Asset Management Stock Down 2.0%

LIO opened at GBX 349.50 ($4.62) on Friday. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.42 and a quick ratio of 1.35. The company's 50-day moving average is GBX 378.50 and its 200 day moving average is GBX 385.08. Liontrust Asset Management has a fifty-two week low of GBX 301.50 ($3.98) and a fifty-two week high of GBX 669 ($8.84). The firm has a market capitalization of £220.70 million, a P/E ratio of 3.20, a PEG ratio of -1.70 and a beta of 1.33.

Liontrust Asset Management (LON:LIO - Get Free Report) last posted its quarterly earnings results on Wednesday, June 25th. The company reported GBX 55.56 ($0.73) 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%. Research analysts expect that Liontrust Asset Management will post 69.828816 earnings per share for the current fiscal year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.