Deutsche Bank cuts Liontrust Asset Management price target on dividend policy

Published 26/06/2025, 13:22
Deutsche Bank cuts Liontrust Asset Management price target on dividend policy

Investing.com - Deutsche Bank (ETR:DBKGn) lowered its price target on Liontrust Asset Management (LON:LIO) to GBP3.50 from GBP4.00 on Monday, while maintaining a Hold rating on the stock.

The price target reduction follows Liontrust’s recent fiscal year 2025 results and the implementation of a new dividend and capital policy that includes a significant cut to shareholder payouts.

Deutsche Bank noted that the new dividend policy represents a material reduction, with its dividend per share estimates changing from 29 pence to 20 pence for both fiscal years 2026 and 2027, marking a 31% decrease from previous forecasts.

The bank pointed out that the revised dividend estimates are 72% below Liontrust’s previously targeted 72 pence per share, reflecting the substantial shift in the company’s capital allocation strategy.

Despite the dividend reduction, Deutsche Bank made only minor adjustments to its earnings forecasts, with fiscal years 2026 and 2027 adjusted earnings per share estimates changing from 40.8 pence and 37.7 pence to 41.0 pence and 38.8 pence respectively, representing no change and a 3% increase.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.