Liontrust Asset Management (LON:LIO) Earns Buy Rating from Panmure Gordon

Liontrust Asset Management (LON:LIO)‘s stock had its “buy” rating reaffirmed by analysts at Panmure Gordon in a research note issued to investors on Thursday, MarketBeat Ratings reports. They currently have a GBX 500 price objective on the stock. Panmure Gordon’s price target suggests a potential upside of 79.53% from the company’s previous close.

Several other brokerages have also recently issued reports on LIO. Peel Hunt reissued a “buy” rating and issued a GBX 435 price objective on shares of Liontrust Asset Management in a research note on Tuesday, October 7th. Deutsche Bank Aktiengesellschaft lowered their target price on Liontrust Asset Management from GBX 290 to GBX 280 and set a “hold” rating for the company in a report on Thursday, October 2nd. Royal Bank Of Canada restated an “underperform” rating and set a GBX 310 price target on shares of Liontrust Asset Management in a research note on Friday, October 3rd. Finally, Berenberg Bank lowered their price objective on shares of Liontrust Asset Management from GBX 365 to GBX 340 and set a “hold” rating for the company in a research note on Tuesday, October 7th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 369.

Liontrust Asset Management Trading Down 3.1%

Shares of LIO opened at GBX 278.50 on Thursday. The firm has a market capitalization of £174.74 million, a price-to-earnings ratio of 10.63, a PEG ratio of -1.70 and a beta of 1.33. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.42 and a quick ratio of 1.35. Liontrust Asset Management has a 1-year low of GBX 221.88 and a 1-year high of GBX 508. The company has a 50-day moving average of GBX 311.08 and a 200 day moving average of GBX 347.27.

Liontrust Asset Management (LON:LIO) last issued its earnings results on Thursday, November 20th. The company reported GBX 18.68 EPS for the quarter. Liontrust Asset Management had a net margin of 35.21% and a return on equity of 39.68%. On average, research analysts expect that Liontrust Asset Management will post 69.828816 EPS for the current 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.