Quilter plc (LON:QLT) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Quilter plc (LON:QLT) have received an average recommendation of “Moderate Buy” from the seven analysts that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 210.86.

QLT has been the topic of several recent analyst reports. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 235 price target on shares of Quilter in a research note on Friday, August 7th. Berenberg Bank raised their price target on shares of Quilter from GBX 215 to GBX 220 and gave the company a “buy” rating in a research note on Friday, August 7th. Finally, Citigroup raised their target price on Quilter from GBX 195 to GBX 210 and gave the stock a “neutral” rating in a research report on Monday, August 3rd.

Quilter Trading Down 0.0%

Shares of QLT stock opened at GBX 186.10 on Monday. The stock has a 50 day simple moving average of GBX 197.09 and a 200 day simple moving average of GBX 189.21. The stock has a market cap of £2.52 billion, a P/E ratio of 21.64, a price-to-earnings-growth ratio of 2.50 and a beta of 0.82. The company has a current ratio of 2.09, a quick ratio of 0.05 and a debt-to-equity ratio of 19.46. Quilter has a 1 year low of GBX 150.80 and a 1 year high of GBX 209.

Quilter (LON:QLT) last issued its quarterly earnings results on Thursday, August 6th. The company reported GBX 3.30 EPS for the quarter. Quilter had a return on equity of 8.39% and a net margin of 0.88%. On average, research analysts predict that Quilter will post 9.004676 earnings per share for the current fiscal 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.