Liontrust Asset Management (LON:LIO) Price Target Lowered to GBX 290 at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank Aktiengesellschaft has reduced its price target for Liontrust Asset Management from GBX 300 to GBX 290, indicating a potential downside of 12.65%.
• The consensus rating for Liontrust Asset Management is currently "Reduce", with a consensus price target of GBX 321.67, as reported by MarketBeat.
• Liontrust's shares opened at GBX 332, with a one-year range between GBX 301.50 and GBX 647, and it reported earnings of GBX 55.56 per share in its last quarterly earnings announcement.

Liontrust Asset Management (LON:LIO - Get Free Report) had its price objective dropped by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 300 to GBX 290 in a note issued to investors on Monday, MarketBeat reports. The brokerage presently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's price target would indicate a potential downside of 7.79% from the stock's previous close.

A number of other equities research analysts have also issued reports on the stock. Royal Bank Of Canada reaffirmed an "underperform" rating and set a GBX 310 target price on shares of Liontrust Asset Management in a report on Monday, July 14th. Berenberg Bank reaffirmed a "hold" rating and issued a GBX 365 price target on shares of Liontrust Asset Management in a report on Thursday, July 10th. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Reduce" and an average target price of GBX 321.67.

Liontrust Asset Management Price Performance

LIO stock traded up GBX 1.50 during trading on Monday, hitting GBX 314.50. The stock had a trading volume of 9,400,345 shares, compared to its average volume of 481,870. Liontrust Asset Management has a twelve month low of GBX 221.88 and a twelve month high of GBX 622. The company's 50-day moving average price is GBX 362.44 and its two-hundred day moving average price is GBX 370.80. 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 stock has a market capitalization of £197.33 million, a P/E ratio of 1,200.38, a PEG ratio of -1.70 and a beta of 1.33.

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