Quilter plc (LON:QLT) Receives GBX 201.57 Consensus Target Price from Brokerages

Quilter plc (LON:QLT) has received an average recommendation of “Moderate Buy” from the seven research firms that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is GBX 201.57.

A number of equities analysts have issued reports on the company. Jefferies Financial Group restated a “buy” rating and set a GBX 220 price target on shares of Quilter in a report on Wednesday, April 15th. Citigroup increased their price target on Quilter from GBX 190 to GBX 195 and gave the stock a “neutral” rating in a report on Friday, April 24th. UBS Group restated a “buy” rating and set a GBX 210 price target on shares of Quilter in a report on Friday, January 16th. Deutsche Bank Aktiengesellschaft increased their price target on Quilter from GBX 170 to GBX 175 and gave the stock a “buy” rating in a report on Thursday, March 5th. Finally, Berenberg Bank increased their price target on Quilter from GBX 190 to GBX 195 and gave the stock a “neutral” rating in a report on Friday, April 24th.

Insider Buying and Selling

In other Quilter news, insider Mark Satchel sold 570,445 shares of the stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of GBX 177, for a total transaction of £1,009,687.65. Also, insider Steven Levin sold 679,997 shares of the stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of GBX 177, for a total value of £1,203,594.69. 0.36% of the stock is currently owned by corporate insiders.

Quilter Stock Performance

LON:QLT opened at GBX 181.30 on Tuesday. The company has a market capitalization of £2.49 billion, a PE ratio of 21.08, a P/E/G ratio of 2.50 and a beta of 0.80. The company has a 50 day simple moving average of GBX 181.09 and a two-hundred day simple moving average of GBX 183.88. The company has a debt-to-equity ratio of 18.49, a quick ratio of 0.05 and a current ratio of 3.92. Quilter has a fifty-two week low of GBX 143.70 and a fifty-two week high of GBX 201.60.

Quilter (LON:QLT) last released its earnings results on Wednesday, March 4th. The company reported GBX 8.90 earnings per share for the quarter. Quilter had a net margin of 1.28% and a return on equity of 8.35%. Research analysts anticipate that Quilter will post 9.004676 earnings per share for the current year.

Quilter Company Profile

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.