Liontrust Asset Management (LIO) Hits New 12-Month High at $710.00

Liontrust Asset Management PLC (LON:LIO) shares reached a new 52-week high on Thursday . The company traded as high as GBX 710 ($9.28) and last traded at GBX 710 ($9.28), with a volume of 57008 shares traded. The stock had previously closed at GBX 690 ($9.02).

Separately, Numis Securities boosted their target price on shares of Liontrust Asset Management from GBX 655 ($8.56) to GBX 690 ($9.02) and gave the stock an “add” rating in a research report on Friday, February 8th.

The stock has a market capitalization of $370.15 million and a price-to-earnings ratio of 29.96.

In other news, insider Vinay Kumar Abrol bought 819 shares of the business’s stock in a transaction on Tuesday, April 30th. The stock was purchased at an average price of GBX 658 ($8.60) per share, with a total value of £5,389.02 ($7,041.71).

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About Liontrust Asset Management (LON:LIO)

Liontrust Asset Management Plc is a publicly owned investment manager. The firm manages separate client focused equity and multi-asset portfolios. It invests into the public equity and multi-asset markets of the world. The firm was formerly known as River and Mercantile Investment Management Limited.

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