Quilter (LON:QLT) Price Target Raised to GBX 175

Quilter (LON:QLT) had its price target hoisted by Deutsche Bank Aktiengesellschaft from GBX 170 to GBX 175 in a research note issued to investors on Thursday, MarketBeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

Several other analysts have also weighed in on the stock. Berenberg Bank reiterated a “buy” rating and set a GBX 215 target price on shares of Quilter in a research note on Thursday. Jefferies Financial Group raised their price target on shares of Quilter from GBX 210 to GBX 250 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. UBS Group reaffirmed a “buy” rating and issued a GBX 210 price target on shares of Quilter in a report on Friday, January 16th. Citigroup boosted their price objective on shares of Quilter from GBX 198 to GBX 200 and gave the company a “neutral” rating in a research report on Monday, January 26th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Quilter from GBX 186 to GBX 189 and gave the stock an “overweight” rating in a research note on Friday, November 14th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 207.

Quilter Trading Up 0.3%

Shares of QLT opened at GBX 184.80 on Thursday. Quilter has a 52 week low of GBX 119.70 and a 52 week high of GBX 201.60. The firm has a market cap of £2.57 billion, a price-to-earnings ratio of -1,848.00, a PEG ratio of 2.50 and a beta of 0.80. The stock has a 50 day moving average of GBX 188.97 and a 200-day moving average of GBX 179.14.

Quilter (LON:QLT) last posted its quarterly earnings results on Wednesday, March 4th. The company reported GBX 8.90 earnings per share (EPS) for the quarter. Quilter had a return on equity of 8.35% and a net margin of 1.28%. On average, sell-side analysts predict that Quilter will post 9.004676 earnings per share 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.