Liontrust Asset Management (LON:LIO) Stock Breaks Below 200-Day Moving Average – What’s Next?

Liontrust Asset Management PLC (LON:LIO) crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of GBX 294.73 and traded as low as GBX 294. Liontrust Asset Management shares last traded at GBX 302.50, with a volume of 118,963 shares changing hands.

Analysts Set New Price Targets

LIO has been the topic of several research reports. Berenberg Bank restated a “buy” rating and issued a GBX 390 price target on shares of Liontrust Asset Management in a research report on Wednesday. Royal Bank Of Canada boosted their target price on shares of Liontrust Asset Management from GBX 235 to GBX 270 and gave the stock an “underperform” rating in a report on Monday, July 6th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Liontrust Asset Management to a “sell” rating and upped their target price for the company from GBX 205 to GBX 215 in a research report on Friday, October 2nd. Three analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Liontrust Asset Management has an average rating of “Hold” and an average target price of GBX 362.

Liontrust Asset Management Price Performance

The firm has a market capitalization of £176.33 million, a P/E ratio of 18.52, a price-to-earnings-growth ratio of -1.70 and a beta of 1.47. The firm has a 50 day moving average price of GBX 296.17 and a 200-day moving average price of GBX 295.04. The company has a current ratio of 1.34, a quick ratio of 1.35 and a debt-to-equity ratio of 2.54.

Insider Buying and Selling at Liontrust Asset Management

In related news, insider Vinay Kumar Abrol bought 10,000 shares of the business’s stock in a transaction dated Wednesday, September 30th. The shares were purchased at an average price of GBX 285 per share, with a total value of £28,500. Corporate insiders own 9.52% of the company’s stock.

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.