Free Trial

Premier Miton Group (LON:PMI) Trading Down 8.2% Following Analyst Downgrade

Premier Miton Group logo with Financial Services background
Image from MarketBeat Media, LLC.

Key Points

  • Shares fell 8.2% to GBX 40.60 after Shore Capital Group downgraded the stock to a buy rating and set a GBX 58 price target, while trading volume jumped ~60% to about 1.45 million shares.
  • Premier Miton is a small-cap manager (market cap £63.98 million) with a high P/E of 53.42; the share price sits below both the 50‑day (GBX 44.55) and 200‑day (GBX 51.49) moving averages and the company has a debt‑to‑equity ratio of 1.65.
  • Five stocks we like better than Premier Miton Group.

Premier Miton Group plc (LON:PMI - Get Free Report)'s share price was down 8.2% during trading on Thursday after Shore Capital Group downgraded the stock to a buy rating. Shore Capital Group now has a GBX 58 price target on the stock. Premier Miton Group traded as low as GBX 40.11 and last traded at GBX 40.60. Approximately 1,453,465 shares traded hands during trading, an increase of 60% from the average daily volume of 908,604 shares. The stock had previously closed at GBX 44.25.

Premier Miton Group Stock Down 8.2%

The business's 50-day moving average price is GBX 44.55 and its 200-day moving average price is GBX 51.49. The company has a quick ratio of 1.21, a current ratio of 1.27 and a debt-to-equity ratio of 1.65. The firm has a market capitalization of £63.98 million, a PE ratio of 53.42 and a beta of 0.64.

Premier Miton Group Company Profile

(Get Free Report)

Premier Miton Group plc is a publicly owned investment manager. The firm invests in public equity and fixed income markets across the globe. Premier Miton Group plc was formerly known as Premier Asset Management Group Plc. Premier Miton Group plc was founded in November 2019 and is based in Surrey, United Kingdom.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Premier Miton Group Right Now?

Before you consider Premier Miton Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Premier Miton Group wasn't on the list.

While Premier Miton Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply click the link below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines