Royal Bank Of Canada Reaffirms “Underperform” Rating for Liontrust Asset Management (LON:LIO)

Liontrust Asset Management (LON:LIO)‘s stock had its “underperform” rating reiterated by investment analysts at Royal Bank Of Canada in a research note issued to investors on Monday, Marketbeat.com reports. They presently have a GBX 310 ($4.15) price objective on the stock. Royal Bank Of Canada’s price objective suggests a potential downside of 15.07% from the stock’s previous close.

Several other research analysts also recently commented on LIO. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 365 ($4.89) price objective on shares of Liontrust Asset Management in a research note on Thursday, July 10th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 350 ($4.69) target price on shares of Liontrust Asset Management in a research note on Friday, July 11th.

Liontrust Asset Management Trading Down 2.0%

Shares of LON:LIO opened at GBX 365 ($4.89) on Monday. The stock has a market capitalization of £230.49 million, a price-to-earnings ratio of 3.34, a PEG ratio of -1.70 and a beta of 1.33. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.35 and a current ratio of 1.42. The stock’s 50-day simple moving average is GBX 379.68 and its two-hundred day simple moving average is GBX 392.04. Liontrust Asset Management has a 52-week low of GBX 301.50 ($4.04) and a 52-week high of GBX 700 ($9.37).

Liontrust Asset Management (LON:LIO) last posted its quarterly earnings data on Wednesday, June 25th. The company reported GBX 55.56 ($0.74) EPS for the quarter. Liontrust Asset Management had a return on equity of 39.68% and a net margin of 35.21%. Analysts expect that Liontrust Asset Management will post 69.828816 EPS for the current year.

Insider Transactions at Liontrust Asset Management

In other Liontrust Asset Management news, insider Vinay Kumar Abrol bought 1,614 shares of the firm’s stock in a transaction that occurred on Friday, May 2nd. The shares were bought at an average price of GBX 336 ($4.50) per share, with a total value of £5,423.04 ($7,260.73). Company insiders own 11.90% of the company’s stock.

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.