Quilter plc (QLT.L) – What Are Researchers Thinking About This Stock?

Shares of Quilter plc (LON:QLT) have received a consensus recommendation of “Moderate Buy” from the seven brokerages that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 210.86.

Several analysts have recently weighed in on QLT shares. Berenberg Bank restated a “buy” rating and issued a GBX 220 price objective on shares of Quilter in a report on Thursday, October 22nd. Citigroup lifted their price objective on shares of Quilter from GBX 195 to GBX 210 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 235 target price on shares of Quilter in a report on Friday, August 7th.

Quilter Trading Up 0.1%

LON:QLT opened at GBX 184.70 on Tuesday. Quilter has a 12-month low of GBX 163.30 and a 12-month high of GBX 209. The company has a debt-to-equity ratio of 19.46, a current ratio of 2.09 and a quick ratio of 0.05. The firm has a market capitalization of £2.48 billion, a P/E ratio of 21.73, a P/E/G ratio of 2.50 and a beta of 0.82. The business has a 50 day simple moving average of GBX 184.02 and a 200 day simple moving average of GBX 187.86.

Quilter (LON:QLT) last announced its earnings results on Thursday, August 6th. The company reported GBX 3.30 earnings per share for the quarter. Quilter had a return on equity of 8.39% and a net margin of 0.88%. Equities research analysts predict that Quilter will post 9.00 EPS for the current year.

About Quilter

Quilter is a leading UK-focused full-service wealth manager, providing advice-led investment solutions and investment platform services to over 500,000 clients.

Its purpose is to create brighter financial futures for every generation.

Quilter strives to do this through supporting long-term advice-based relationships, delivering good investment management performance while maintaining consistently high-quality customer service.

It has leading positions in one of the world’s largest wealth markets, and its multi-channel distribution, award-winning platform and investment solutions are delivering attractive growth.