Liontrust Asset Management (LON:LIO) Given "Hold" Rating at Berenberg Bank

Liontrust Asset Management (LON:LIO - Get Free Report)'s stock had its "hold" rating reissued by investment analysts at Berenberg Bank in a research note issued to investors on Wednesday, Marketbeat.com reports. They presently have a GBX 750 ($9.34) price objective on the stock. Berenberg Bank's price objective points to a potential upside of 8.54% from the company's previous close.

Separately, Barclays downgraded Liontrust Asset Management to an "equal weight" rating and set a GBX 760 ($9.46) price target on the stock. in a report on Thursday, April 11th.

Liontrust Asset Management Stock Performance

Shares of LON LIO traded up GBX 54 ($0.67) during mid-day trading on Wednesday, hitting GBX 691 ($8.60). The company had a trading volume of 556,219 shares, compared to its average volume of 180,195. The stock has a market cap of £448.74 million, a price-to-earnings ratio of 2,559.26, a PEG ratio of -1.70 and a beta of 1.28. Liontrust Asset Management has a 12 month low of GBX 519 ($6.46) and a 12 month high of GBX 968 ($12.05). The company has a debt-to-equity ratio of 0.93, a current ratio of 1.50 and a quick ratio of 1.35. The firm's 50 day simple moving average is GBX 652.76 and its two-hundred day simple moving average is GBX 604.28.

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.