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Liontrust Asset Management (LON:LIO) Stock Crosses Above Two Hundred Day Moving Average - What's Next?

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Key Points

  • Liontrust Asset Management shares crossed above their 200-day moving average, reaching GBX 320 before closing at GBX 316, compared with a 200-day average of GBX 279.26.
  • Analyst sentiment is mixed: three analysts rate the stock a buy and two rate it a sell, resulting in a consensus “Hold” rating and a GBX 364 target price.
  • The company reported quarterly earnings of GBX 15.40 per share on £134.38 million in revenue, with a 7.14% net margin and 8.74% return on equity.
  • MarketBeat previews the top five stocks to own by September 1st.

Shares of Liontrust Asset Management PLC (LON:LIO - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 279.26 and traded as high as GBX 320. Liontrust Asset Management shares last traded at GBX 316, with a volume of 76,283 shares trading hands.

Wall Street Analyst Weigh In

LIO has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Liontrust Asset Management from GBX 190 to GBX 205 and gave the company a "sell" rating in a research report on Thursday, June 25th. Royal Bank Of Canada raised their price objective on shares of Liontrust Asset Management from GBX 235 to GBX 270 and gave the stock an "underperform" rating in a research note on Monday, July 6th. Finally, Berenberg Bank reiterated a "buy" rating and issued a GBX 410 target price on shares of Liontrust Asset Management in a research note on Wednesday, July 22nd. Three analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of GBX 364.

View Our Latest Stock Analysis on LIO

Liontrust Asset Management Price Performance

The stock's 50-day moving average price is GBX 315.20 and its 200 day moving average price is GBX 279.26. The company has a quick ratio of 1.35, a current ratio of 1.34 and a debt-to-equity ratio of 2.54. The firm has a market capitalization of £195.51 million, a price-to-earnings ratio of 20.53, a PEG ratio of -1.70 and a beta of 1.46.

Liontrust Asset Management (LON:LIO - Get Free Report) last issued its earnings results on Wednesday, June 24th. The company reported GBX 15.40 earnings per share for the quarter. Liontrust Asset Management had a return on equity of 8.74% and a net margin of 7.14%.The business had revenue of £134.38 million for the quarter. Equities research analysts expect that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current fiscal year.

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

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