RBC Capital analyst Mandeep Jagpal initiated coverage with a Sell rating on Liontrust Asset Management (LIO – Research Report) yesterday and set a price target of p390.00. The company’s shares closed yesterday at p435.50.
According to TipRanks, Jagpal is ranked #1156 out of 9257 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Liontrust Asset Management with a p507.50 average price target.
The company has a one-year high of p865.00 and a one-year low of p410.00. Currently, Liontrust Asset Management has an average volume of 564.2K.
Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LIO in relation to earlier this year.
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Liontrust Asset Management (LIO) Company Description:
Liontrust Asset Management PLC is a fund management company based in the UK. Its investment objective is to outperform relevant benchmarks and the average returns of their respective peer groups over the medium to long term. The company offers products such as Unit Trusts, Offshore funds, Segregated Mandates, and Discretionary Portfolio Management Services. Geographically, it derives a majority of revenue from the United Kingdom and also has a presence in Europe, USA, Canada, and Australia. It markets its fund internationally to institutional investors, wealth managers, financial advisers, private investors and wholesale markets such as family offices, private banks, wealth managers and multi-managers.
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