Jefferies Financial Group Raises Quilter (LON:QLT) Price Target to GBX 203

Quilter (LON:QLT) had its target price increased by equities research analysts at Jefferies Financial Group from GBX 193 to GBX 203 in a report released on Friday, MarketBeat reports. The brokerage currently has a “buy” rating on the stock. Jefferies Financial Group’s price target indicates a potential upside of 18.85% from the company’s current price.

Several other brokerages also recently weighed in on QLT. Berenberg Bank raised Quilter to a “buy” rating and raised their price target for the stock from GBX 150 to GBX 195 in a report on Tuesday, August 12th. JPMorgan Chase & Co. increased their price objective on shares of Quilter from GBX 182 to GBX 186 and gave the company an “overweight” rating in a research report on Monday, October 13th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Quilter from GBX 155 to GBX 160 and gave the stock a “hold” rating in a research note on Friday, October 3rd. Finally, Citigroup upped their price target on shares of Quilter from GBX 166 to GBX 172 and gave the company a “neutral” rating in a research note on Wednesday, August 20th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 184.33.

Quilter Price Performance

LON QLT opened at GBX 170.80 on Friday. The firm’s fifty day simple moving average is GBX 165.01 and its two-hundred day simple moving average is GBX 155.55. 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 12-month low of GBX 119.70 and a 12-month high of GBX 182.70. The firm has a market capitalization of £2.37 billion, a P/E ratio of -170,800.00, a P/E/G ratio of 2.50 and a beta of 1.05.

Quilter (LON:QLT) last issued its quarterly earnings data on Wednesday, August 6th. The company reported GBX 5.60 EPS for the quarter. Quilter had a return on equity of 3.33% and a net margin of 0.78%. Analysts forecast that Quilter will post 9.004676 EPS for the current fiscal 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.