Shares of Liontrust Asset Management PLC (LON:LIO – Get Free Report) reached a new 52-week low on Monday . The company traded as low as GBX 248 and last traded at GBX 248, with a volume of 353953 shares trading hands. The stock had previously closed at GBX 256.
Analysts Set New Price Targets
Several research firms recently issued reports on LIO. Royal Bank Of Canada reduced their target price on shares of Liontrust Asset Management from GBX 270 to GBX 260 and set an “underperform” rating for the company in a report on Monday, November 24th. Peel Hunt reiterated a “buy” rating and issued a GBX 435 price target on shares of Liontrust Asset Management in a research report on Thursday, November 20th. Berenberg Bank decreased their price objective on shares of Liontrust Asset Management from GBX 340 to GBX 320 and set a “hold” rating on the stock in a research report on Thursday, November 20th. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 500 target price on shares of Liontrust Asset Management in a report on Thursday, November 20th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Liontrust Asset Management from GBX 290 to GBX 280 and set a “hold” rating for the company in a research note on Thursday, October 2nd. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Liontrust Asset Management currently has an average rating of “Hold” and a consensus target price of GBX 359.
Check Out Our Latest Stock Report on Liontrust Asset Management
Liontrust Asset Management Stock Down 0.8%
Liontrust Asset Management (LON:LIO – Get Free Report) last announced its quarterly 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, analysts anticipate that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current year.
Insider Activity at Liontrust Asset Management
In other news, insider Luke Savage purchased 5,000 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The stock was bought at an average cost of GBX 281 per share, with a total value of £14,050. Corporate insiders own 9.05% 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.
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