Quilter plc (LON:QLT) Receives GBX 203.71 Consensus PT from Analysts

Quilter plc (LON:QLT) has earned a consensus rating of “Moderate Buy” from the seven brokerages that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 203.71.

Several analysts recently commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 220 target price on shares of Quilter in a report on Wednesday, April 15th. Citigroup increased their price target on shares of Quilter from GBX 190 to GBX 195 and gave the company a “neutral” rating in a report on Friday, April 24th. Royal Bank Of Canada raised their price objective on shares of Quilter from GBX 220 to GBX 225 and gave the stock an “outperform” rating in a research report on Thursday, May 28th. Berenberg Bank boosted their price objective on Quilter from GBX 190 to GBX 195 and gave the stock a “neutral” rating in a report on Friday, April 24th. Finally, JPMorgan Chase & Co. decreased their target price on Quilter from GBX 212 to GBX 206 and set an “overweight” rating on the stock in a research report on Tuesday, April 21st.

Quilter Price Performance

Shares of QLT opened at GBX 204 on Friday. The firm has a market capitalization of £2.77 billion, a PE ratio of 23.72, a PEG ratio of 2.50 and a beta of 0.82. The company’s 50-day moving average is GBX 193.92 and its 200-day moving average is GBX 188.03. Quilter has a fifty-two week low of GBX 150.80 and a fifty-two week high of GBX 209. The company has a debt-to-equity ratio of 18.49, a current ratio of 3.92 and a quick ratio of 0.05.

Insiders Place Their Bets

In other news, insider Andrew Ross purchased 27,100 shares of Quilter stock in a transaction that occurred on Wednesday, May 20th. The stock was acquired at an average cost of GBX 186 per share, for a total transaction of £50,406. Insiders own 0.52% of the company’s stock.

About Quilter

Quilter is a leading UK-focused full-service wealth manager, providing advice-led investment solutions and investment platform services to over 500,000 clients.

Its purpose is to create brighter financial futures for every generation.

Quilter strives to do this through supporting long-term advice-based relationships, delivering good investment management performance while maintaining consistently high-quality customer service.

It has leading positions in one of the world’s largest wealth markets, and its multi-channel distribution, award-winning platform and investment solutions are delivering attractive growth.