Liontrust Asset Management (LON:LIO) Shares Cross Above 200 Day Moving Average – Here’s What Happened

Liontrust Asset Management PLC (LON:LIO) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 264.21 and traded as high as GBX 275. Liontrust Asset Management shares last traded at GBX 266.14, with a volume of 417,119 shares traded.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Liontrust Asset Management from GBX 200 to GBX 165 and set a “buy” rating on the stock in a research note on Wednesday, March 18th. Royal Bank Of Canada lowered their price objective on shares of Liontrust Asset Management from GBX 240 to GBX 235 and set an “underperform” rating on the stock in a research note on Wednesday, April 8th. Finally, Berenberg Bank reaffirmed a “hold” rating and issued a GBX 270 price objective on shares of Liontrust Asset Management in a research note on Wednesday, April 22nd. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 321.

Liontrust Asset Management Price Performance

The company’s 50 day moving average price is GBX 255.05 and its 200-day moving average price is GBX 264.21. The company has a market cap of £161.12 million, a price-to-earnings ratio of 13.26, a PEG ratio of -1.70 and a beta of 1.42. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.35 and a current ratio of 1.35.

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.