Liontrust Asset Management (LIO) PT Raised to GBX 690 at Numis Securities

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Liontrust Asset Management (LON:LIO) had its target price boosted by equities researchers at Numis Securities from GBX 655 ($8.56) to GBX 690 ($9.02) in a note issued to investors on Friday. The firm currently has an “add” rating on the stock. Numis Securities’ target price suggests a potential upside of 13.49% from the company’s previous close.

Shares of LON:LIO traded up GBX 10 ($0.13) during trading on Friday, reaching GBX 608 ($7.94). 10,838 shares of the company traded hands, compared to its average volume of 31,948. Liontrust Asset Management has a 52 week low of GBX 375.25 ($4.90) and a 52 week high of GBX 620 ($8.10).

About Liontrust Asset Management

Liontrust Asset Management Plc is a publicly owned investment manager. The firm manages separate client focused equity and multi-asset portfolios. It invests into the public equity and multi-asset markets of the world. The firm was formerly known as River and Mercantile Investment Management Limited.

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