Berenberg Bank Reiterates Hold Rating for Liontrust Asset Management (LON:LIO)

Liontrust Asset Management (LON:LIO)‘s stock had its “hold” rating reaffirmed by equities researchers at Berenberg Bank in a research report issued on Wednesday, Marketbeat Ratings reports. They currently have a GBX 750 ($9.34) target price on the stock. Berenberg Bank’s target price suggests a potential upside of 8.07% from the stock’s current price.

Separately, Barclays cut shares of Liontrust Asset Management to an “equal weight” rating and set a GBX 760 ($9.46) price target for the company. in a research report on Thursday, April 11th.

Liontrust Asset Management Trading Up 0.4 %

Shares of LON LIO opened at GBX 694 ($8.64) on Wednesday. Liontrust Asset Management has a 1 year low of GBX 519 ($6.46) and a 1 year high of GBX 945.50 ($11.77). The stock has a market cap of £450.68 million, a P/E ratio of 2,570.37, a price-to-earnings-growth ratio of -1.70 and a beta of 1.28. The firm has a 50-day moving average of GBX 654.42 and a 200 day moving average of GBX 604.90. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.50 and a quick ratio of 1.35.

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.