Liontrust Asset Management (LON:LIO) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Liontrust Asset Management PLC (LON:LIO) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 355.69 ($4.75) and traded as low as GBX 314 ($4.19). Liontrust Asset Management shares last traded at GBX 316.07 ($4.22), with a volume of 566,159 shares trading hands.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Peel Hunt restated a “buy” rating and issued a GBX 435 target price on shares of Liontrust Asset Management in a report on Tuesday. Deutsche Bank Aktiengesellschaft cut their target price on shares of Liontrust Asset Management from GBX 290 to GBX 280 and set a “hold” rating on the stock in a report on Thursday, October 2nd. Royal Bank Of Canada restated an “underperform” rating and issued a GBX 310 target price on shares of Liontrust Asset Management in a report on Friday, October 3rd. Finally, Berenberg Bank cut their target price on shares of Liontrust Asset Management from GBX 365 to GBX 340 and set a “hold” rating on the stock in a report on Tuesday. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of GBX 341.25.

Liontrust Asset Management Trading Down 2.1%

The firm has a market cap of £198.32 million, a P/E ratio of 1,206.38, a PEG ratio of -1.70 and a beta of 1.33. The firm’s fifty day moving average is GBX 336.98 and its two-hundred day moving average is GBX 355.69. The company has a quick ratio of 1.35, a current ratio of 1.42 and a debt-to-equity ratio of 1.48.

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.