Quilter (LON:QLT) Insider Alison Morris Purchases 13,857 Shares of Stock

Quilter plc (LON:QLT) insider Alison Morris acquired 13,857 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The stock was acquired at an average price of GBX 179 per share, with a total value of £24,804.03.

Quilter Stock Performance

QLT traded up GBX 1.15 on Monday, hitting GBX 178.50. The company had a trading volume of 1,141,703 shares, compared to its average volume of 4,427,690. The stock has a market cap of £2.48 billion, a price-to-earnings ratio of -1,785.00, a price-to-earnings-growth ratio of 2.50 and a beta of 1.05. The company has a debt-to-equity ratio of 18.69, a current ratio of 1.18 and a quick ratio of 0.05. The company’s fifty day moving average price is GBX 171.88 and its 200 day moving average price is GBX 162.80. Quilter plc has a 1-year low of GBX 119.70 and a 1-year high of GBX 190.90.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on QLT shares. Berenberg Bank raised Quilter to a “buy” rating and lifted their price objective for the company from GBX 150 to GBX 195 in a report on Tuesday, August 12th. JPMorgan Chase & Co. lifted their price target on shares of Quilter from GBX 186 to GBX 189 and gave the company an “overweight” rating in a report on Friday. Royal Bank Of Canada boosted their price target on shares of Quilter from GBX 200 to GBX 210 and gave the company an “outperform” rating in a research report on Thursday, October 23rd. Jefferies Financial Group raised their price objective on shares of Quilter from GBX 193 to GBX 203 and gave the stock a “buy” rating in a report on Friday, October 17th. Finally, UBS Group reissued a “buy” rating and issued a GBX 190 target price on shares of Quilter in a report on Friday, October 17th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Quilter presently has an average rating of “Moderate Buy” and a consensus price target of GBX 190.

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.