Quilter (LON:QLT) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Quilter plc (LON:QLT – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 187.83 and traded as high as GBX 191.20. Quilter shares last traded at GBX 190.50, with a volume of 1,808,409 shares traded.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Berenberg Bank reiterated a “buy” rating and issued a GBX 220 price objective on shares of Quilter in a research report on Thursday, October 22nd. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 235 target price on shares of Quilter in a report on Friday, August 7th. Finally, Citigroup lifted their target price on shares of Quilter from GBX 195 to GBX 210 and gave the company a “neutral” rating in a report on Monday, August 3rd. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 210.86.

View Our Latest Research Report on Quilter

Quilter Price Performance

The company has a current ratio of 2.09, a quick ratio of 0.05 and a debt-to-equity ratio of 19.46. The stock has a market cap of £2.52 billion, a PE ratio of 22.12, a P/E/G ratio of 2.50 and a beta of 0.82. The company’s 50 day moving average is GBX 182.71 and its 200-day moving average is GBX 187.81.

Quilter (LON:QLT – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported GBX 3.30 earnings per share for the quarter. Quilter had a net margin of 0.88% and a return on equity of 8.39%. As a group, sell-side analysts predict that Quilter plc will post 9.00 earnings per share for the current year.

About Quilter

(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.

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