Quilter (LON:QLT – Get Free Report)‘s stock had its “outperform” rating reaffirmed by stock analysts at Royal Bank Of Canada in a research report issued on Friday,London Stock Exchange reports. They presently have a GBX 235 price objective on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 18.75% from the stock’s previous close.
Several other equities research analysts have also commented on the stock. Citigroup upped their price target on shares of Quilter from GBX 195 to GBX 210 and gave the company a “neutral” rating in a research report on Monday. Jefferies Financial Group reissued a “buy” rating and issued a GBX 220 price objective on shares of Quilter in a report on Wednesday, April 15th. Berenberg Bank boosted 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. Finally, JPMorgan Chase & Co. cut their target price 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. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Quilter has a consensus rating of “Moderate Buy” and an average price target of GBX 210.86.
Check Out Our Latest Stock Report on Quilter
Quilter Stock Performance
Quilter (LON:QLT – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported GBX 3.30 EPS for the quarter. Quilter had a return on equity of 8.35% and a net margin of 1.28%. On average, equities analysts forecast that Quilter will post 9.004676 earnings per share for the current year.
Insiders Place Their Bets
In related news, insider Andrew Ross bought 27,100 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were bought at an average cost of GBX 186 per share, for a total transaction of £50,406. Company insiders own 0.52% 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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