Royal Bank Of Canada Has Lowered Expectations for Liontrust Asset Management (LON:LIO) Stock Price

Key Points

• Royal Bank of Canada cut its price target on Liontrust from GBX 240 to GBX 235 and kept an underperform rating, implying about an 8.91% downside from the stock’s recent GBX 258 price.
• Deutsche Bank also lowered its target, from GBX 200 to GBX 165, but maintained a buy rating on the shares.
• Analysts are split — with 3 Buys, 1 Hold and 1 Sell — leading to a consensus rating of Hold and a consensus target price of GBX 331, signaling divergence among brokers.

Liontrust Asset Management (LON:LIO - Get Free Report) had its price objective lowered by research analysts at Royal Bank Of Canada from GBX 240 to GBX 235 in a research report issued on Wednesday,London Stock Exchange reports. The brokerage presently has an "underperform" rating on the stock. Royal Bank Of Canada's target price indicates a potential downside of 8.91% from the stock's current price.

Separately, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Liontrust Asset Management from GBX 200 to GBX 165 and set a "buy" rating for the company in a research report on Wednesday, March 18th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Liontrust Asset Management currently has a consensus rating of "Hold" and a consensus target price of GBX 331.

Liontrust Asset Management Trading Up 3.0%

Shares of LON LIO opened at GBX 258 on Wednesday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.35 and a current ratio of 1.35. Liontrust Asset Management has a 52-week low of GBX 221.88 and a 52-week high of GBX 419.50. The firm has a 50 day moving average price of GBX 248.24 and a two-hundred day moving average price of GBX 271.35. The stock has a market cap of £156.57 million, a P/E ratio of 12.89, a price-to-earnings-growth ratio of -1.70 and a beta of 1.50.

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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