Quilter plc (LON:QLT) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Quilter plc (LON:QLT) have been given a consensus recommendation of “Moderate Buy” by the seven analysts that are currently covering the firm, MarketBeat Ratings reports. One investment 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 analysts that have issued a report on the stock in the last year is GBX 210.29.

Several analysts have recently weighed in on QLT shares. JPMorgan Chase & Co. decreased their target price on Quilter from GBX 223 to GBX 212 and set an “overweight” rating for the company in a research report on Thursday. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 215 price target on shares of Quilter in a research note on Thursday, March 5th. Jefferies Financial Group lifted their price objective on shares of Quilter from GBX 210 to GBX 250 and gave the company a “buy” rating in a report on Thursday, January 22nd. Citigroup boosted their price objective on shares of Quilter from GBX 198 to GBX 200 and gave the company a “neutral” rating in a research report on Monday, January 26th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Quilter from GBX 170 to GBX 175 and gave the stock a “buy” rating in a research note on Thursday, March 5th.

Quilter Trading Down 3.7%

Shares of LON QLT opened at GBX 163.90 on Monday. Quilter has a fifty-two week low of GBX 119.70 and a fifty-two week high of GBX 201.60. The company has a debt-to-equity ratio of 18.49, a quick ratio of 0.05 and a current ratio of 3.92. The company has a market cap of £2.28 billion, a price-to-earnings ratio of -1,639.00, a PEG ratio of 2.50 and a beta of 0.78. The business’s 50 day moving average price is GBX 187.54 and its 200-day moving average price is GBX 180.19.

Quilter (LON:QLT) last posted its quarterly earnings data on Wednesday, March 4th. The company reported GBX 8.90 earnings per share (EPS) for the quarter. Quilter had a return on equity of 8.35% and a net margin of 1.28%. On average, sell-side analysts expect that Quilter will post 9.004676 earnings per share for the current year.

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.