Liontrust Asset Management (LON:LIO) Shares Cross Above 200-Day Moving Average – Should You Sell?

Liontrust Asset Management PLC (LON:LIO) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 277.05 and traded as high as GBX 309.50. Liontrust Asset Management shares last traded at GBX 303, with a volume of 155,550 shares changing hands.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Berenberg Bank reaffirmed a “buy” rating and set a GBX 410 price objective on shares of Liontrust Asset Management in a research report on Wednesday, July 22nd. Royal Bank Of Canada boosted their target price on 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 raised their price target on Liontrust Asset Management from GBX 190 to GBX 205 and gave the company a “sell” rating in a report on Thursday, June 25th. Three investment analysts have rated the stock with a Buy rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of GBX 364.

Liontrust Asset Management Stock Up 0.7%

The company’s 50 day simple moving average is GBX 314.72 and its 200-day simple moving average is GBX 277.24. The company has a current ratio of 1.34, a quick ratio of 1.35 and a debt-to-equity ratio of 2.54. The firm has a market cap of £188.71 million, a P/E ratio of 19.82, a PEG ratio of -1.70 and a beta of 1.49.

Liontrust Asset Management (LON:LIO) last released its quarterly earnings data on Wednesday, June 24th. The company reported GBX 15.40 earnings per share for the quarter. The firm had revenue of £134.38 million during the quarter. Liontrust Asset Management had a net margin of 7.14% and a return on equity of 8.74%. Research analysts forecast that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current fiscal year.

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.