Quilter plc (LON:QLT) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Quilter plc (LON:QLT) have received a consensus rating of “Moderate Buy” from the seven brokerages that are covering the company, MarketBeat reports. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is GBX 207.

QLT has been the topic of a number of research analyst reports. Berenberg Bank restated a “buy” rating and issued a GBX 215 target price on shares of Quilter in a research report on Thursday, March 5th. Jefferies Financial Group increased their price target on Quilter from GBX 210 to GBX 250 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Citigroup raised their price objective on Quilter from GBX 198 to GBX 200 and gave the company a “neutral” rating in a report on Monday, January 26th. Deutsche Bank Aktiengesellschaft boosted their price objective on Quilter from GBX 170 to GBX 175 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Finally, UBS Group reaffirmed a “buy” rating and issued a GBX 210 target price on shares of Quilter in a report on Friday, January 16th.

Quilter Stock Down 0.2%

QLT stock opened at GBX 177.20 on Monday. The firm has a 50-day moving average price of GBX 188.61 and a 200-day moving average price of GBX 179.72. Quilter has a 12 month low of GBX 119.70 and a 12 month high of GBX 201.60. The company has a current ratio of 3.92, a quick ratio of 0.05 and a debt-to-equity ratio of 18.49. The stock has a market capitalization of £2.46 billion, a P/E ratio of -1,772.00, a price-to-earnings-growth ratio of 2.50 and a beta of 0.78.

Quilter (LON:QLT) last announced its quarterly earnings results on Wednesday, March 4th. The company reported GBX 8.90 earnings per share (EPS) for the quarter. Quilter had a net margin of 1.28% and a return on equity of 8.35%. As a group, equities research analysts anticipate that Quilter will post 9.004676 EPS for the current fiscal year.

About Quilter

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.