Quilter (OTCMKTS:QUILF) Downgraded by Exane BNP Paribas

Quilter (OTCMKTS:QUILFGet Rating) was downgraded by research analysts at Exane BNP Paribas from an “outperform” rating to a “neutral” rating in a report issued on Friday, The Fly reports.

Other analysts have also recently issued reports about the company. Barclays reissued a “sell” rating and issued a $140.00 price target on shares of Quilter in a report on Wednesday, April 13th. Royal Bank of Canada reduced their price target on shares of Quilter from GBX 210 ($2.64) to GBX 198.33 ($2.50) in a research report on Wednesday, May 18th. Finally, JPMorgan Chase & Co. restated a “buy” rating and issued a GBX 210 ($2.64) price target (down previously from GBX 221.67 ($2.79)) on shares of Quilter in a report on Thursday, April 21st. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Quilter currently has a consensus rating of “Hold” and an average price target of $182.78.

OTCMKTS QUILF opened at $1.99 on Friday. Quilter has a 52-week low of $1.80 and a 52-week high of $2.05. The firm has a 50-day moving average price of $2.29 and a 200 day moving average price of $2.31.

About Quilter (Get Rating)

Quilter plc provides advice-led investment solutions and investment platforms in the United Kingdom and internationally. It operates in two segments, High Net Worth and Affluent. The company offers financial advice for protection, mortgages, savings, investments, and pensions. It also provides Quilter Investment Platform, an investment platform for advice-based wealth management products and services; Quilter Investors, which offers investment solutions; and Quilter Financial Planning, a restricted and independent financial adviser network that provides mortgage and financial planning advice and financial solutions to individuals and businesses through a network of intermediaries.

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