Quilter plc (LON:QLT) Receives Average Recommendation of “Moderate Buy” from Brokerages

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

QLT has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft raised their price target on Quilter from GBX 165 to GBX 170 and gave the stock a “hold” rating in a research note on Wednesday, January 21st. Jefferies Financial Group raised their target price on shares of Quilter from GBX 210 to GBX 250 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. UBS Group restated a “buy” rating and issued a GBX 210 target price on shares of Quilter in a report on Friday, January 16th. JPMorgan Chase & Co. increased their price target on shares of Quilter from GBX 186 to GBX 189 and gave the stock an “overweight” rating in a research note on Friday, November 14th. Finally, Citigroup lifted their price target on shares of Quilter from GBX 198 to GBX 200 and gave the company a “neutral” rating in a report on Monday, January 26th.

Quilter Stock Up 0.7%

Quilter stock opened at GBX 189 on Thursday. The stock has a market capitalization of £2.62 billion, a price-to-earnings ratio of -1,890.00, a PEG ratio of 2.50 and a beta of 1.05. The company has a current ratio of 1.18, a quick ratio of 0.05 and a debt-to-equity ratio of 18.69. Quilter has a twelve month low of GBX 119.70 and a twelve month high of GBX 201.60. The stock has a 50 day moving average of GBX 187.52 and a two-hundred day moving average of GBX 177.71.

About Quilter

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.