Royal Bank Of Canada Issues Positive Forecast for Liontrust Asset Management (LON:LIO) Stock Price

Liontrust Asset Management (LON:LIO) had its price target lifted by equities research analysts at Royal Bank Of Canada from GBX 235 to GBX 270 in a note issued to investors on Monday,Digital Look reports. The brokerage currently has an “underperform” rating on the stock. Royal Bank Of Canada’s price objective points to a potential downside of 21.05% from the company’s current price.

LIO has been the topic of a number of other research reports. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Liontrust Asset Management from GBX 190 to GBX 205 and gave the company a “sell” rating in a research note on Thursday, June 25th. Berenberg Bank boosted their price objective on Liontrust Asset Management from GBX 270 to GBX 410 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Three equities research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Liontrust Asset Management has a consensus rating of “Hold” and an average target price of GBX 364.

Liontrust Asset Management Trading Up 0.6%

Liontrust Asset Management stock opened at GBX 342 on Monday. Liontrust Asset Management has a 52-week low of GBX 221.88 and a 52-week high of GBX 398. The company has a market cap of £204.47 million, a P/E ratio of 22.22, a P/E/G ratio of -1.70 and a beta of 1.49. The company has a quick ratio of 1.35, a current ratio of 1.34 and a debt-to-equity ratio of 1.82. The business has a 50-day simple moving average of GBX 295.54 and a two-hundred day simple moving average of GBX 267.75.

Liontrust Asset Management (LON:LIO) last announced its earnings results on Wednesday, June 24th. The company reported GBX 15.40 EPS for the quarter. Liontrust Asset Management had a return on equity of 8.74% and a net margin of 7.14%.The company had revenue of £134.38 million for the quarter. Analysts predict that Liontrust Asset Management will post 69.828816 EPS for the current year.

Insider Buying and Selling

In other news, insider Vinay Kumar Abrol acquired 2,043 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were acquired at an average cost of GBX 264 per share, with a total value of £5,393.52. Also, insider John Stephen Ions acquired 2,043 shares of the stock in a transaction on Tuesday, May 5th. The shares were acquired at an average price of GBX 264 per share, with a total value of £5,393.52. In the last ninety days, insiders acquired 247,401 shares of company stock worth $66,043,809. Corporate insiders own 9.49% of the company’s stock.

About Liontrust Asset Management

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.