Liontrust Asset Management (LON:LIO) Hits New 1-Year Low - Here's What Happened

Key Points

• Liontrust Asset Management PLC (LON:LIO) reached a new 52-week low, trading at GBX 299.50 ($4.05) on Thursday.
• Analysts have adjusted their ratings, with Deutsche Bank lowering the target price to GBX 290 and two analysts rating the stock as Hold or Underperform.
• The company reported earnings per share (EPS) of GBX 55.56 for its last quarter, with a notable return on equity of 39.68%.

Liontrust Asset Management PLC (LON:LIO - Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as GBX 299.50 ($4.05) and last traded at GBX 306 ($4.14), with a volume of 431987 shares traded. The stock had previously closed at GBX 302 ($4.09).

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft lowered their target price on Liontrust Asset Management from GBX 300 to GBX 290 and set a "hold" rating for the company in a research note on Monday, September 1st. Royal Bank Of Canada reissued an "underperform" rating and issued a GBX 310 price objective on shares of Liontrust Asset Management in a research report on Monday, July 14th. Finally, Berenberg Bank restated a "hold" rating and set a GBX 365 target price on shares of Liontrust Asset Management in a report on Thursday, July 10th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Liontrust Asset Management currently has an average rating of "Reduce" and a consensus target price of GBX 321.67.

Liontrust Asset Management Trading Up 1.3%

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 firm's fifty day moving average is GBX 356.46 and its two-hundred day moving average is GBX 368.17. The firm has a market capitalization of £192.00 million, a PE ratio of 1,167.94, a PEG ratio of -1.70 and a beta of 1.33.

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

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