Analysts Set Quilter plc (LON:QLT) PT at GBX 207

Quilter plc (LON:QLT) has earned an average rating of “Moderate Buy” from the seven ratings firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 207.

QLT has been the topic of several research reports. UBS Group restated a “buy” rating and issued a GBX 210 target price on shares of Quilter in a research note on Friday, January 16th. Citigroup lifted their price objective on Quilter from GBX 198 to GBX 200 and gave the stock a “neutral” rating in a report on Monday, January 26th. Berenberg Bank restated a “buy” rating and issued a GBX 215 price objective on shares of Quilter in a research note on Thursday, March 5th. Deutsche Bank Aktiengesellschaft boosted their price objective on Quilter from GBX 170 to GBX 175 and gave the company a “buy” rating in a research note on Thursday, March 5th. Finally, Jefferies Financial Group increased 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.

Quilter Trading Down 2.3%

Shares of QLT stock opened at GBX 175.80 on Monday. The company has a 50 day moving average of GBX 188.10 and a 200-day moving average of GBX 179.91. The company has a quick ratio of 0.05, a current ratio of 3.92 and a debt-to-equity ratio of 18.49. Quilter has a 12-month low of GBX 119.70 and a 12-month high of GBX 201.60. The firm has a market cap of £2.44 billion, a P/E ratio of -1,758.00, a PEG ratio of 2.50 and a beta of 0.78.

Quilter (LON:QLT) last posted its quarterly earnings data on Wednesday, March 4th. The company reported GBX 8.90 EPS for the quarter. Quilter had a return on equity of 8.35% and a net margin of 1.28%. Sell-side analysts anticipate that Quilter will post 9.004676 earnings per share for the current year.

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.