Liontrust Asset Management (LON:LIO) Price Target Lowered to GBX 170 at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank cut its price target for Liontrust from GBX 185 to GBX 170 and kept a "sell" rating, implying a potential downside of 33.46% from the stock's current price.
• Analyst coverage is mixed—two Buys, one Hold and two Sells—with a MarketBeat consensus rating of Hold and an average price target of GBX 322; other brokers include Berenberg (GBX 270, Hold) and RBC (cut to GBX 235, Underperform).
• The shares opened at GBX 255.50 and were down about 5.5%, with a market cap of £155.05m; insider John Stephen Ions sold 89,849 shares at GBX 267 while insiders have bought 243,315 shares in the last 90 days and own 9.22% of the company.

Liontrust Asset Management (LON:LIO - Get Free Report) had its price objective lowered by Deutsche Bank Aktiengesellschaft from GBX 185 to GBX 170 in a research note issued to investors on Tuesday,Digital Look reports. The brokerage presently has a "sell" rating on the stock. Deutsche Bank Aktiengesellschaft's price objective would suggest a potential downside of 33.46% from the stock's current price.

A number of other brokerages have also recently weighed in on LIO. Berenberg Bank reiterated a "hold" rating and set a GBX 270 price target on shares of Liontrust Asset Management in a research report on Wednesday, April 22nd. Royal Bank Of Canada dropped their price target on Liontrust Asset Management from GBX 240 to GBX 235 and set an "underperform" rating on the stock in a research report on Wednesday, April 8th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of GBX 322.

Liontrust Asset Management Stock Down 5.5%

Shares of Liontrust Asset Management stock opened at GBX 255.50 on Tuesday. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.76. The business's 50 day simple moving average is GBX 255.35 and its 200-day simple moving average is GBX 263.46. The stock has a market capitalization of £155.05 million, a price-to-earnings ratio of 12.76, a PEG ratio of -1.70 and a beta of 1.42. Liontrust Asset Management has a twelve month low of GBX 221.88 and a twelve month high of GBX 419.50.

Insider Buying and Selling at Liontrust Asset Management

In related news, insider John Stephen Ions sold 89,849 shares of the firm's stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of GBX 267, for a total value of £239,896.83. In the last 90 days, insiders purchased 243,315 shares of company stock worth $64,965,105. 9.22% of the stock is currently owned by corporate insiders.

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. Liontrust Asset Management Plc was founded in 1994 and is based in London, United Kingdom.

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