Liontrust Asset Management (LON:LIO) Stock Price Passes Below Two Hundred Day Moving Average - Here's Why

Key Points

• Liontrust Asset Management's stock price fell below its 200-day moving average for the first time, trading at GBX 309.50 ($4.15) compared to the average of GBX 352.17 ($4.72).
• Analysts have issued mixed ratings on Liontrust, with a consensus target price of GBX 341.25 and one "Buy", two "Hold", and one "Sell" recommendations.
• The company has a current market capitalization of £193.88 million and maintains a debt-to-equity ratio of 1.48, reflecting its financial stability.

Liontrust Asset Management PLC (LON:LIO - Get Free Report)'s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 352.17 ($4.72) and traded as low as GBX 304.50 ($4.08). Liontrust Asset Management shares last traded at GBX 309.50 ($4.15), with a volume of 153,239 shares.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on LIO. Berenberg Bank reduced their price objective on shares of Liontrust Asset Management from GBX 365 to GBX 340 and set a "hold" rating on the stock in a research note on Tuesday, October 7th. Royal Bank Of Canada reaffirmed an "underperform" rating and issued a GBX 310 price target on shares of Liontrust Asset Management in a research note on Friday, October 3rd. Peel Hunt reaffirmed a "buy" rating and issued a GBX 435 price target on shares of Liontrust Asset Management in a research note on Tuesday, October 7th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Liontrust Asset Management from GBX 290 to GBX 280 and set a "hold" rating on the stock in a research note on Thursday, October 2nd. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of GBX 341.25.

Liontrust Asset Management Stock Down 0.2%

The company has a quick ratio of 1.35, a current ratio of 1.42 and a debt-to-equity ratio of 1.48. The company has a market capitalization of £193.88 million, a price-to-earnings ratio of 11.79, a P/E/G ratio of -1.70 and a beta of 1.33. The stock's fifty day moving average price is GBX 331.81 and its 200-day moving average price is GBX 352.17.

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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