Quilter (LON:QLT) Price Target Raised to GBX 210

Quilter (LON:QLT) had its price target boosted by Royal Bank Of Canada from GBX 200 to GBX 210 in a research report report published on Thursday morning, Marketbeat.com reports. They currently have an outperform rating on the stock.

Several other research analysts have also commented on QLT. Citigroup lifted their price target on shares of Quilter from GBX 172 to GBX 183 and gave the company a “neutral” rating in a report on Monday, October 20th. Jefferies Financial Group lifted their target price on Quilter from GBX 193 to GBX 203 and gave the company a “buy” rating in a research note on Friday, October 17th. UBS Group reiterated a “buy” rating and set a GBX 190 price target on shares of Quilter in a research report on Friday, October 17th. Berenberg Bank raised Quilter to a “buy” rating and raised their price target for the stock from GBX 150 to GBX 195 in a report on Tuesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Quilter from GBX 155 to GBX 160 and gave the stock a “hold” rating in a research note on Friday, October 3rd. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 189.57.

Quilter Stock Performance

Shares of QLT stock opened at GBX 178.22 on Thursday. The stock has a market capitalization of £2.47 billion, a price-to-earnings ratio of -1,782.20, a PEG ratio of 2.50 and a beta of 1.05. The company’s 50-day simple moving average is GBX 166.02 and its 200-day simple moving average is GBX 157.03. The company has a debt-to-equity ratio of 18.69, a quick ratio of 0.05 and a current ratio of 1.18. Quilter has a one year low of GBX 119.70 and a one year high of GBX 182.70.

Quilter (LON:QLT) last posted its quarterly earnings results on Wednesday, August 6th. The company reported GBX 5.60 earnings per share (EPS) for the quarter. Quilter had a return on equity of 3.33% and a net margin of 0.78%. Equities analysts anticipate that Quilter will post 9.004676 earnings per share for the current fiscal year.

Quilter Company Profile

Quilter is a leading UK and cross-border full-service wealth management business, whose purpose is to help create prosperity for the generations of today and tomorrow. It has leading positions in one of the world’s largest wealth markets, and its multi-channel proposition and investment performance are delivering attractive growth.