Quilter plc (LON:QLT) Receives GBX 190 Average Price Target from Analysts

Shares of Quilter plc (LON:QLT) have been given an average rating of “Moderate Buy” by the seven ratings firms that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is GBX 190.

A number of brokerages have weighed in on QLT. Jefferies Financial Group lifted their price target on shares of Quilter from GBX 193 to GBX 203 and gave the company a “buy” rating in a report on Friday, October 17th. UBS Group reiterated a “buy” rating and issued a GBX 190 target price on shares of Quilter in a report on Friday, October 17th. Citigroup lifted their target price on Quilter from GBX 172 to GBX 183 and gave the company a “neutral” rating in a report on Monday, October 20th. Royal Bank Of Canada boosted their price target on Quilter from GBX 200 to GBX 210 and gave the company an “outperform” rating in a research report on Thursday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Quilter from GBX 155 to GBX 160 and gave the stock a “hold” rating in a research note on Friday, October 3rd.

Insider Activity at Quilter

In other Quilter news, insider Alison Morris acquired 13,857 shares of the company’s stock in a transaction dated Friday, November 14th. The stock was bought at an average price of GBX 179 per share, with a total value of £24,804.03. Also, insider Chris Hill bought 28,224 shares of the business’s stock in a transaction dated Friday, November 14th. The stock was acquired at an average cost of GBX 177 per share, for a total transaction of £49,956.48. Company insiders own 0.36% of the company’s stock.

Quilter Price Performance

QLT opened at GBX 186.20 on Wednesday. Quilter has a 1 year low of GBX 119.70 and a 1 year high of GBX 191. The company’s 50 day simple moving average is GBX 182.41 and its 200 day simple moving average is GBX 170.67. The stock has a market capitalization of £2.59 billion, a PE ratio of -1,862.00, a P/E/G ratio of 2.50 and a beta of 1.05. The company has a debt-to-equity ratio of 18.69, a quick ratio of 0.05 and a current ratio of 1.18.

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.