Citigroup Issues Positive Forecast for Quilter (LON:QLT) Stock Price

Quilter (LON:QLT) had its price target boosted by Citigroup from GBX 198 to GBX 200 in a research report sent to investors on Monday morning, Marketbeat Ratings reports. They currently have a neutral rating on the stock.

Other analysts also recently issued research reports about the company. Jefferies Financial Group upped their price target on Quilter from GBX 210 to GBX 250 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. JPMorgan Chase & Co. boosted their target price on Quilter from GBX 186 to GBX 189 and gave the stock an “overweight” rating in a report on Friday, November 14th. UBS Group reaffirmed a “buy” rating and set a GBX 210 target price on shares of Quilter in a research report on Friday, January 16th. Deutsche Bank Aktiengesellschaft increased their price target on Quilter from GBX 165 to GBX 170 and gave the company a “hold” rating in a report on Wednesday, January 21st. Finally, Berenberg Bank boosted their price objective on shares of Quilter from GBX 195 to GBX 215 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 206.29.

Quilter Stock Up 0.8%

Quilter stock opened at GBX 195.20 on Monday. 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 201.60. The firm’s fifty day simple moving average is GBX 184.66 and its 200-day simple moving average is GBX 174.43. The company has a market capitalization of £2.71 billion, a P/E ratio of -1,952.00, a P/E/G ratio of 2.50 and a beta of 1.05.

Insider Buying and Selling at Quilter

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

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.