Liontrust Asset Management (LON:LIO) Receives “Hold” Rating from Berenberg Bank

Liontrust Asset Management (LON:LIO)‘s stock had its “hold” rating reiterated by equities researchers at Berenberg Bank in a note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 750 ($9.34) target price on the stock. Berenberg Bank’s price objective suggests a potential upside of 9.81% from the stock’s current price.

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

Liontrust Asset Management Stock Performance

Shares of LON:LIO traded up GBX 46 ($0.57) during trading on Wednesday, reaching GBX 683 ($8.50). 458,469 shares of the company’s stock traded hands, compared to its average volume of 178,618. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.50 and a quick ratio of 1.35. Liontrust Asset Management has a 12 month low of GBX 519 ($6.46) and a 12 month high of GBX 968 ($12.05). The company has a 50 day moving average of GBX 651.70 and a 200-day moving average of GBX 603.90. The stock has a market capitalization of £443.54 million, a P/E ratio of 2,537.04, a price-to-earnings-growth ratio of -1.70 and a beta of 1.28.

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.