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The latest announcement is out from Liontrust Asset Management ( (GB:LIO) ).
Liontrust Asset Management announced the purchase of 75,000 of its ordinary shares as part of its Share Buyback programme. This transaction, executed at an average price of 256.6p per share, will result in the cancellation of the purchased shares, impacting the company’s total issued share capital, which now stands at 63,689,615 shares. This move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.
The most recent analyst rating on (GB:LIO) stock is a Hold with a £280.00 price target. To see the full list of analyst forecasts on Liontrust Asset Management stock, see the GB:LIO Stock Forecast page.
Spark’s Take on GB:LIO Stock
According to Spark, TipRanks’ AI Analyst, GB:LIO is a Neutral.
Liontrust Asset Management’s overall stock score is primarily influenced by its strong valuation, with a high dividend yield and reasonable P/E ratio. However, the bearish technical indicators and challenges in financial performance, particularly in revenue and cash flow trends, weigh down the score.
To see Spark’s full report on GB:LIO stock, click here.
More about Liontrust Asset Management
Liontrust Asset Management is an independent fund management group operating in the financial services industry. The company focuses on providing asset management services and is known for its investment strategies and fund offerings.
Average Trading Volume: 438,906
Technical Sentiment Signal: Strong Sell
Current Market Cap: £164.1M
Find detailed analytics on LIO stock on TipRanks’ Stock Analysis page.