Berenberg Bank Issues Pessimistic Forecast for Liontrust Asset Management (LON:LIO) Stock Price

Liontrust Asset Management (LON:LIO) had its price target dropped by research analysts at Berenberg Bank from GBX 215 ($2.71) to GBX 195 ($2.45) in a report issued on Wednesday, MarketBeat.com reports. The brokerage currently has a “hold” rating on the stock.

Liontrust Asset Management Stock Performance

The firm has a market cap of £288.23 million, a P/E ratio of -8,994.40, a P/E/G ratio of -1.70 and a beta of 1.33. Liontrust Asset Management has a fifty-two week low of GBX 400 ($5.04) and a fifty-two week high of GBX 865 ($10.89). The company has a quick ratio of 1.35, a current ratio of 1.42 and a debt-to-equity ratio of 2.40. The business’s 50 day moving average is GBX 499.82 and its 200 day moving average is GBX 623.20.

Insider Buying and Selling

In other news, insider Vinay Kumar Abrol acquired 50,000 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was acquired at an average price of GBX 454 ($5.72) per share, with a total value of £227,000 ($285,786.23). 11.90% of the stock is currently owned by insiders.

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.