Liontrust Asset Management (LON:LIO) Hits New 1-Year High at $730.00

Liontrust Asset Management PLC (LON:LIO) reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 730 ($9.54) and last traded at GBX 710 ($9.28), with a volume of 44864 shares. The stock had previously closed at GBX 722 ($9.43).

Separately, Numis Securities increased their target price on shares of Liontrust Asset Management from GBX 725 ($9.47) to GBX 750 ($9.80) and gave the stock an “add” rating in a report on Thursday, May 2nd.

The stock has a market cap of $358.80 million and a P/E ratio of 29.96.

In other news, insider Vinay Kumar Abrol acquired 819 shares of the company’s stock in a transaction on Tuesday, April 30th. The shares were bought at an average cost of GBX 658 ($8.60) per share, with a total value of £5,389.02 ($7,041.71).

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About Liontrust Asset Management (LON:LIO)

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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