Liontrust Asset Management PLC (LIO) Hits New 12-Month High at $519.00

Liontrust Asset Management PLC (LON:LIO) shares reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 519 ($6.88) and last traded at GBX 519 ($6.88), with a volume of 1,630 shares changing hands. The stock had previously closed at GBX 505 ($6.70).

A number of brokerages recently commented on LIO. N+1 Singer reaffirmed a “buy” rating and issued a GBX 510 ($6.76) price target on shares of Liontrust Asset Management PLC in a report on Friday, August 11th. Canaccord Genuity reissued a “buy” rating and set a GBX 545 ($7.23) price objective on shares of Liontrust Asset Management PLC in a research note on Friday, August 11th. Numis Securities Ltd boosted their price objective on Liontrust Asset Management PLC from GBX 520 ($6.90) to GBX 560 ($7.43) and gave the stock an “add” rating in a research note on Thursday, September 7th. Finally, Macquarie restated a “neutral” rating and set a GBX 426 ($5.65) price objective on shares of Liontrust Asset Management PLC in a research report on Friday, June 16th.

The company’s market cap is GBX 234.13 million. The firm’s 50-day moving average is GBX 494.99 and its 200-day moving average is GBX 455.71.

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About Liontrust Asset Management PLC

Liontrust Asset Management PLC (Liontrust) is a holding company. The Company is engaged in specialist fund management business. It is an investment management company that manages the United Kingdom, European, Asian and Global equities, Global credit and Multi-Assets. It offers a range of products, such as Unit Trusts, Offshore funds, Segregated Mandates and Discretionary Portfolio Management Services.

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