Quilter plc (LON:QLT) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Quilter plc (LON:QLT) has received an average rating of “Moderate Buy” from the seven analysts that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 190.

A number of brokerages have recently commented on QLT. Citigroup boosted their price target on Quilter from GBX 172 to GBX 183 and gave the company a “neutral” rating in a report on Monday, October 20th. Jefferies Financial Group lifted their target price on Quilter from GBX 193 to GBX 203 and gave the company a “buy” rating in a research report on Friday, October 17th. UBS Group restated a “buy” rating and issued a GBX 190 target price on shares of Quilter in a research note on Friday, October 17th. Deutsche Bank Aktiengesellschaft upped their price target on Quilter from GBX 155 to GBX 160 and gave the stock a “hold” rating in a research report on Friday, October 3rd. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Quilter from GBX 186 to GBX 189 and gave the company an “overweight” rating in a report on Friday, November 14th.

Insiders Place Their Bets

In other Quilter news, insider Alison Morris acquired 13,857 shares of Quilter stock in a transaction dated Friday, November 14th. The stock was bought at an average cost of GBX 179 per share, for a total transaction of £24,804.03. Also, insider Chris Hill acquired 28,224 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was bought at an average price of GBX 177 per share, with a total value of £49,956.48. 0.36% of the stock is currently owned by company insiders.

Quilter Price Performance

Shares of LON QLT opened at GBX 185.70 on Wednesday. The company has a fifty day moving average price of GBX 182.06 and a 200 day moving average price of GBX 170.18. The firm has a market cap of £2.58 billion, a PE ratio of -1,857.00, a PEG ratio of 2.50 and a beta of 1.05. 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 1-year low of GBX 119.70 and a 1-year high of GBX 191.

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.