Quilter (LON:QLT) Hits New 52-Week High – What’s Next?

Quilter plc (LON:QLTGet Free Report)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as GBX 169.50 ($2.28) and last traded at GBX 167.70 ($2.25), with a volume of 145465 shares traded. The stock had previously closed at GBX 168.30 ($2.26).

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on QLT. Citigroup boosted their price target on shares of Quilter from GBX 140 ($1.88) to GBX 166 ($2.23) and gave the stock a “neutral” rating in a research note on Thursday, July 10th. JPMorgan Chase & Co. increased their target price on shares of Quilter from GBX 164 ($2.20) to GBX 177 ($2.38) and gave the stock an “overweight” rating in a report on Wednesday.

Check Out Our Latest Stock Analysis on Quilter

Quilter Price Performance

The company has a debt-to-equity ratio of 18.69, a current ratio of 1.18 and a quick ratio of 0.05. The company’s 50 day simple moving average is GBX 155.67 and its 200 day simple moving average is GBX 150.64. The company has a market capitalization of £2.24 billion, a PE ratio of 45.36, a price-to-earnings-growth ratio of 2.50 and a beta of 1.05.

About Quilter

(Get Free Report)

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.

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