Liberum Capital Cuts Premier Asset Management Group (PAM) Price Target to GBX 261

Premier Asset Management Group (LON:PAM) had its target price lowered by Liberum Capital from GBX 316 ($4.13) to GBX 261 ($3.41) in a report issued on Thursday. The firm currently has a buy rating on the stock.

Separately, Numis Securities reiterated an add rating on shares of Premier Asset Management Group in a research note on Tuesday, July 10th.

LON:PAM traded up GBX 3 ($0.04) during trading hours on Thursday, reaching GBX 223 ($2.91). 3,297 shares of the company’s stock were exchanged, compared to its average volume of 70,747. Premier Asset Management Group has a 1-year low of GBX 125 ($1.63) and a 1-year high of GBX 270 ($3.53).

In other Premier Asset Management Group news, insider William Longden Smith purchased 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 6th. The stock was purchased at an average price of GBX 252 ($3.29) per share, for a total transaction of £25,200 ($32,928.26).

About Premier Asset Management Group

Premier Asset Management Group PLC is a retail asset management group with a focus on delivering investment outcomes for investors through relevant products and active management across its range of investment strategies, which include multi-asset, equity and absolute return funds. The Company offers a range of investment types, including mutual funds, closed-ended investment companies and a portfolio management service.

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