Quilter plc (LON:QLT – Get Free Report) has earned an average recommendation of “Moderate Buy” from the seven analysts that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 201.57.
Several brokerages recently weighed in on QLT. UBS Group restated a “buy” rating and issued a GBX 210 price target on shares of Quilter in a research report on Friday, January 16th. JPMorgan Chase & Co. lowered their price objective on shares of Quilter from GBX 212 to GBX 206 and set an “overweight” rating for the company in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Quilter from GBX 170 to GBX 175 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Berenberg Bank boosted their target price on shares of Quilter from GBX 190 to GBX 195 and gave the stock a “neutral” rating in a report on Friday, April 24th. Finally, Citigroup upped their target price on shares of Quilter from GBX 190 to GBX 195 and gave the company a “neutral” rating in a research report on Friday, April 24th.
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Quilter Stock Performance
Quilter (LON:QLT – Get Free Report) last issued its quarterly earnings data on Wednesday, March 4th. The company reported GBX 8.90 earnings per share (EPS) for the quarter. Quilter had a return on equity of 8.35% and a net margin of 1.28%. On average, research analysts predict that Quilter will post 9.004676 EPS for the current fiscal year.
Insider Activity at Quilter
In other Quilter news, insider Steven Levin sold 679,997 shares of the company’s stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of GBX 177, for a total transaction of £1,203,594.69. Also, insider Mark Satchel sold 570,445 shares of the company’s stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of GBX 177, for a total value of £1,009,687.65. Insiders own 0.36% of the company’s stock.
Quilter Company Profile
Quilter is a leading UK-focused full-service wealth manager, providing advice-led investment solutions and investment platform services to over 500,000 clients.
Its purpose is to create brighter financial futures for every generation.
Quilter strives to do this through supporting long-term advice-based relationships, delivering good investment management performance while maintaining consistently high-quality customer service.
It has leading positions in one of the world’s largest wealth markets, and its multi-channel distribution, award-winning platform and investment solutions are delivering attractive growth.
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