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

Quilter plc (LON:QLT) has received an average rating of “Moderate Buy” from the seven research firms that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is GBX 190.

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

Quilter Stock Up 0.7%

Shares of LON:QLT opened at GBX 184.30 on Wednesday. The firm has a 50 day simple moving average of GBX 182.41 and a 200 day simple moving average of GBX 170.51. Quilter has a 52 week low of GBX 119.70 and a 52 week high of GBX 191. The company has a debt-to-equity ratio of 18.69, a quick ratio of 0.05 and a current ratio of 1.18. The company has a market cap of £2.56 billion, a PE ratio of -1,843.00, a price-to-earnings-growth ratio of 2.50 and a beta of 1.05.

Insider Buying and Selling

In related news, insider Alison Morris bought 13,857 shares of the firm’s stock in a transaction on 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 purchased 28,224 shares of the stock in a transaction dated Friday, November 14th. The shares were bought at an average price of GBX 177 per share, for a total transaction of £49,956.48. Insiders own 0.36% of the company’s stock.

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.