Liontrust Asset Management (LON:LIO) Shares Pass Below Two Hundred Day Moving Average - What's Next?

Key Points

• Liontrust Asset Management shares fell below their 200-day moving average of GBX 289.05, reaching GBX 275 before last trading at GBX 286.50.
• Analyst views remain mixed: Deutsche Bank and RBC maintain sell/underperform ratings, while Berenberg reiterated a buy rating with a GBX 410 target. The overall consensus is “Hold,” with a target price of GBX 364.
• The company reported quarterly EPS of GBX 15.40 on revenue of £134.38 million, with a 7.14% net margin and 8.74% return on equity.

Liontrust Asset Management PLC (LON:LIO - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 289.05 and traded as low as GBX 275. Liontrust Asset Management shares last traded at GBX 286.50, with a volume of 162,968 shares.

Analyst Upgrades and Downgrades

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

Liontrust Asset Management Trading Up 0.9%

The firm has a market cap of £177.26 million, a price-to-earnings ratio of 18.62, a price-to-earnings-growth ratio of -1.70 and a beta of 1.47. The business has a 50 day moving average of GBX 306.88 and a 200 day moving average of GBX 289.05. The company has a quick ratio of 1.35, a current ratio of 1.34 and a debt-to-equity ratio of 2.54.

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

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

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