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

Shares of Quilter plc (LON:QLT) have received an average recommendation of “Moderate Buy” from the seven brokerages that are presently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is GBX 206.29.

Several equities analysts recently commented on the company. Berenberg Bank increased their target price on Quilter from GBX 195 to GBX 215 and gave the company a “buy” rating in a report on Wednesday, January 21st. Jefferies Financial Group upped their price objective on Quilter from GBX 210 to GBX 250 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Citigroup raised their target price on Quilter from GBX 198 to GBX 200 and gave the stock a “neutral” rating in a research report on Monday, January 26th. UBS Group reiterated a “buy” rating and issued a GBX 210 price target on shares of Quilter in a research note on Friday, January 16th. Finally, Royal Bank Of Canada boosted their price objective on shares of Quilter from GBX 200 to GBX 210 and gave the stock an “outperform” rating in a research report on Thursday, October 23rd.

Quilter Trading Up 2.0%

LON QLT opened at GBX 186.80 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 50 day moving average of GBX 187.13 and a two-hundred day moving average of GBX 177.09. The stock has a market capitalization of £2.59 billion, a PE ratio of -1,868.00, a price-to-earnings-growth ratio of 2.50 and a beta of 1.05. The company has a quick ratio of 0.05, a current ratio of 1.18 and a debt-to-equity ratio of 18.69.

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.