Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Liontrust Asset Management ( (GB:LIO) ) just unveiled an announcement.
Liontrust Asset Management has repurchased 24,270 of its ordinary shares at a volume-weighted average price of 238.07 pence as part of its previously announced share buyback programme, and the shares bought back will be cancelled to reduce the share count. Following this latest transaction, Liontrust’s total issued share capital now stands at 62,331,538 ordinary shares, all of which carry voting rights, a figure shareholders can use to assess and report any notifiable changes in their holdings under UK disclosure rules.
The most recent analyst rating on (GB:LIO) stock is a Hold with a £247.00 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 driven by its strong valuation metrics, including a low P/E ratio and high dividend yield, which suggest potential undervaluation. However, bearish technical indicators and challenges in financial performance, such as declining revenue and free cash flow, weigh on the score. The company’s strategic corporate actions, like share buybacks, provide some positive outlook but are not included in the weighted calculation.
To see Spark’s full report on GB:LIO stock, click here.
More about Liontrust Asset Management
Liontrust Asset Management is an independent UK-based fund management group that offers a range of investment funds and portfolio management services to institutional and retail clients. The company operates in the asset management industry, focusing on active investment strategies and listed on the London Stock Exchange, where its shares are widely held by public market investors.
Average Trading Volume: 390,671
Technical Sentiment Signal: Sell
Current Market Cap: £143.3M
See more insights into LIO stock on TipRanks’ Stock Analysis page.