Liberum Capital reaffirmed their buy rating on shares of Quilter (LON:QLT) in a report released on Wednesday morning, ThisIsMoney.Co.Uk reports.
A number of other brokerages also recently commented on QLT. JPMorgan Chase & Co. reiterated an overweight rating on shares of Quilter in a research note on Tuesday, January 7th. Royal Bank of Canada lowered their target price on shares of Quilter from GBX 175 ($2.30) to GBX 170 ($2.24) and set an outperform rating for the company in a research note on Friday, October 25th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of GBX 174.17 ($2.29).
Quilter stock opened at GBX 162.85 ($2.14) on Wednesday. Quilter has a twelve month low of GBX 119.98 ($1.58) and a twelve month high of GBX 168.57 ($2.22). The stock’s fifty day simple moving average is GBX 159.89 and its 200-day simple moving average is GBX 144.34. The company has a current ratio of 0.25, a quick ratio of 0.05 and a debt-to-equity ratio of 14.48. The firm has a market capitalization of $3.10 billion and a P/E ratio of 23.60.
In related news, insider Paul Feeney sold 45,045 shares of the business’s stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of GBX 161 ($2.12), for a total transaction of £72,522.45 ($95,399.17).
Quilter Company Profile
Quilter plc provides advice-led investment solutions and investment platforms in the United Kingdom and internationally. The company operates in two segments, Advice and Wealth Management, and Wealth Platforms. The Advice and Wealth Management segment offers face-to-face financial advice services; mortgage and financial planning advice, and financial solutions for individuals and businesses; multi-asset investment solutions for its customers' accumulation and decumulation needs; and discretionary and advisory wealth management services to private investors and corporate pension funds, trusts, and charities.
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