Quilter (QLT) Lifted to Overweight at JPMorgan Chase & Co.
JPMorgan Chase & Co. upgraded shares of Quilter (LON:QLT) to an overweight rating in a research report released on Thursday. They currently have GBX 180 ($2.35) price target on the stock, up from their previous price target of GBX 145 ($1.89).
Other equities research analysts have also recently issued research reports about the company. UBS Group reiterated a buy rating and issued a GBX 170 ($2.22) price objective (down previously from GBX 175 ($2.29)) on shares of Quilter in a research note on Tuesday, March 12th. Goldman Sachs Group reissued a buy rating on shares of Quilter in a report on Wednesday, February 27th. Finally, Numis Securities reissued a hold rating and issued a GBX 140 ($1.83) target price on shares of Quilter in a report on Tuesday, March 12th.
Shares of LON QLT opened at GBX 147.64 ($1.93) on Thursday.
Quilter plc provides advice-led investment solutions and investment platforms in the United Kingdom and internationally. The company operates through two segments, Advice & Wealth Management, and Wealth Platforms. The Advice & Wealth Management segment offers regulated face-to-face advice services to individuals and businesses in financial planning, mortgages, and protection through qualified financial advisers and mortgage and protection advisers; multi-asset investment solutions for its customers' accumulation and decumulation needs; and discretionary and advisory wealth management services to private clients, corporates, pension funds, trusts, and charities.
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