Quilter (LON:QLT) Stock Price Up 0.6% – What’s Next?

Shares of Quilter plc (LON:QLT) rose 0.6% during trading on Monday . The stock traded as high as GBX 186.50 and last traded at GBX 183.37. Approximately 999,494 shares were traded during trading, a decline of 79% from the average daily volume of 4,747,753 shares. The stock had previously closed at GBX 182.20.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. 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 research report on Friday, November 14th. Citigroup increased their price objective on shares of Quilter from GBX 172 to GBX 183 and gave the stock a “neutral” rating in a research note on Monday, October 20th. Jefferies Financial Group boosted their price target on Quilter from GBX 193 to GBX 203 and gave the company a “buy” rating in a report on Friday, October 17th. Royal Bank Of Canada increased their target price on shares of Quilter from GBX 200 to GBX 210 and gave the stock an “outperform” rating in a report on Thursday, October 23rd. Finally, UBS Group reiterated a “buy” rating and issued a GBX 190 price target on shares of Quilter in a research report on Friday, October 17th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Quilter presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 190.

Quilter Trading Down 1.5%

The company has a debt-to-equity ratio of 18.69, a quick ratio of 0.05 and a current ratio of 1.18. The firm has a market cap of £2.54 billion, a PE ratio of -1,830.00, a P/E/G ratio of 2.50 and a beta of 1.05. The company has a 50 day simple moving average of GBX 182.20 and a two-hundred day simple moving average of GBX 170.27.

Insider Activity

In other news, insider Alison Morris acquired 13,857 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The shares were purchased at an average price of GBX 179 per share, for a total transaction of £24,804.03. Also, insider Chris Hill acquired 28,224 shares of Quilter stock in a transaction dated Friday, November 14th. The stock was bought at an average price of GBX 177 per share, for a total transaction of £49,956.48. Insiders own 0.36% of the company’s stock.

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.