Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Quilter (LON:QLT) Stock Price

Quilter (LON:QLT) had its price target increased by research analysts at Deutsche Bank Aktiengesellschaft from GBX 165 to GBX 170 in a research report issued on Wednesday, MarketBeat reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential downside of 13.75% from the company’s previous close.

QLT has been the subject of a number of other research reports. Citigroup lifted their price objective on Quilter from GBX 183 to GBX 198 and gave the company a “neutral” rating in a research note on Thursday, January 15th. JPMorgan Chase & Co. lifted their price target on Quilter from GBX 186 to GBX 189 and gave the company an “overweight” rating in a research report on Friday, November 14th. Berenberg Bank boosted their price target on Quilter from GBX 195 to GBX 215 and gave the company a “buy” rating in a report on Wednesday. Royal Bank Of Canada upped their price objective on Quilter from GBX 200 to GBX 210 and gave the stock an “outperform” rating in a research report on Thursday, October 23rd. Finally, UBS Group reaffirmed a “buy” rating and set a GBX 210 target price on shares of Quilter in a report on Friday, January 16th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 206.

Quilter Trading Up 0.3%

Shares of Quilter stock opened at GBX 197.10 on Wednesday. The stock has a market cap of £2.74 billion, a PE ratio of -1,971.00, a price-to-earnings-growth ratio of 2.50 and a beta of 1.05. The firm has a fifty day moving average price of GBX 183.73 and a 200 day moving average price of GBX 173.58. Quilter has a 1 year low of GBX 119.70 and a 1 year high of GBX 201.60. The company has a debt-to-equity ratio of 18.69, a current ratio of 1.18 and a quick ratio of 0.05.

Insider Buying and Selling

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