Liontrust Asset Management (LON:LIO - Get Free Report) had its price target decreased by equities researchers at Berenberg Bank from GBX 450 ($5.98) to GBX 330 ($4.39) in a research note issued to investors on Tuesday, MarketBeat reports. The brokerage presently has a "hold" rating on the stock. Berenberg Bank's target price suggests a potential upside of 0.15% from the company's current price.
Liontrust Asset Management Trading Up 1.9 %
LIO stock traded up GBX 6 ($0.08) on Tuesday, reaching GBX 329.50 ($4.38). The company's stock had a trading volume of 194,778 shares, compared to its average volume of 477,903. The firm has a market cap of £208.07 million, a PE ratio of 3.02, a PEG ratio of -1.70 and a beta of 1.33. The business has a fifty day simple moving average of GBX 388.56 and a two-hundred day simple moving average of GBX 434.61. Liontrust Asset Management has a 12-month low of GBX 301.50 ($4.01) and a 12-month high of GBX 865 ($11.50). The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.35 and a current ratio of 1.42.
Insiders Place Their Bets
In related news, insider Vinay Kumar Abrol sold 3,797 shares of Liontrust Asset Management stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of GBX 403 ($5.36), for a total transaction of £15,301.91 ($20,345.58). Also, insider John Stephen Ions sold 26,100 shares of the firm's stock in a transaction that occurred on Tuesday, April 8th. The shares were sold at an average price of GBX 324 ($4.31), for a total transaction of £84,564 ($112,437.18). Company insiders own 11.90% of the company's stock.
About Liontrust Asset Management
(
Get Free Report)
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.
Read More
Before you consider Liontrust Asset Management, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Liontrust Asset Management wasn't on the list.
While Liontrust Asset Management currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Like this article? Share it with a colleague.
Link copied to clipboard.
