Quilter plc (LON:QLT) Receives GBX 206 Average Price Target from Analysts

Quilter plc (LON:QLT) has been assigned an average rating of “Moderate Buy” from the seven research firms that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is GBX 206.29.

A number of analysts have recently issued reports on QLT shares. Citigroup raised their target price on shares of Quilter from GBX 198 to GBX 200 and gave the stock a “neutral” rating in a research note on Monday. JPMorgan Chase & Co. increased 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, November 14th. Berenberg Bank boosted their price objective on Quilter from GBX 195 to GBX 215 and gave the stock a “buy” rating in a report on Wednesday, January 21st. Royal Bank Of Canada upped their target price on Quilter from GBX 200 to GBX 210 and gave the company an “outperform” rating in a research report on Thursday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Quilter from GBX 165 to GBX 170 and gave the stock a “hold” rating in a report on Wednesday, January 21st.

Insiders Place Their Bets

In other Quilter news, insider Alison Morris purchased 13,857 shares of the stock in a transaction that occurred on Friday, November 14th. The shares were acquired at an average cost of GBX 179 per share, with a total value of £24,804.03. Also, insider Chris Hill acquired 28,224 shares of the company’s stock in a transaction on Friday, November 14th. The stock was acquired at an average price of GBX 177 per share, with a total value of £49,956.48. 0.36% of the stock is currently owned by company insiders.

Quilter Trading Up 0.8%

QLT stock opened at GBX 196.60 on Friday. Quilter has a one year low of GBX 119.70 and a one year high of GBX 201.60. The stock has a market cap of £2.73 billion, a price-to-earnings ratio of -1,966.00, a price-to-earnings-growth ratio of 2.50 and a beta of 1.05. The company has a fifty day moving average price of GBX 185.85 and a two-hundred day moving average price of GBX 174.96. The company has a debt-to-equity ratio of 18.69, a current ratio of 1.18 and a quick ratio of 0.05.

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.