Quilter plc (LON:QLT) Given Average Recommendation of “Moderate Buy” by Brokerages

Quilter plc (LON:QLTGet Free Report) has earned a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is GBX 203.71.

QLT has been the topic of several research reports. Berenberg Bank raised their price objective on Quilter from GBX 190 to GBX 195 and gave the stock a “neutral” rating in a report on Friday, April 24th. JPMorgan Chase & Co. dropped their price objective on Quilter from GBX 212 to GBX 206 and set an “overweight” rating on the stock in a report on Tuesday, April 21st. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 220 price objective on shares of Quilter in a report on Wednesday, April 15th. Royal Bank Of Canada raised their price objective on Quilter from GBX 220 to GBX 225 and gave the stock an “outperform” rating in a report on Thursday, May 28th. Finally, Citigroup raised their price objective on Quilter from GBX 190 to GBX 195 and gave the stock a “neutral” rating in a report on Friday, April 24th.

View Our Latest Stock Analysis on QLT

Insider Buying and Selling

In related news, insider Steven Levin sold 679,997 shares of the firm’s stock in a transaction dated 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 firm’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of GBX 177, for a total value of £1,009,687.65. Corporate insiders own 0.36% of the company’s stock.

Quilter Stock Performance

LON:QLT opened at GBX 192.35 on Friday. The firm has a market capitalization of £2.64 billion, a PE ratio of 22.37, a price-to-earnings-growth ratio of 2.50 and a beta of 0.80. The business’s fifty day moving average price is GBX 184.34 and its 200 day moving average price is GBX 184.74. The company has a debt-to-equity ratio of 18.49, a current ratio of 3.92 and a quick ratio of 0.05. Quilter has a 12 month low of GBX 149.20 and a 12 month high of GBX 201.60.

Quilter (LON:QLTGet Free Report) last posted its earnings results on Wednesday, March 4th. The company reported GBX 8.90 EPS for the quarter. Quilter had a return on equity of 8.35% and a net margin of 1.28%. On average, sell-side analysts anticipate that Quilter will post 9.004676 earnings per share for the current fiscal year.

Quilter Company Profile

(Get Free Report)

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.

Read More

Analyst Recommendations for Quilter (LON:QLT)

Receive News & Ratings for Quilter Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quilter and related companies with MarketBeat.com's FREE daily email newsletter.